Thursday, January 7, 2010

Pondering about fesos

The recent dealings with fesos got just pondering about their value. We had already guessed that they are undervalued and that it wasn't worth it to directly convert gold to fesos in order to sell to other families but haven't actually calculated the numbers until today. As it is possible to obtain fesos from the environment without spending any gold at the bazaar, perhaps it is that reason or perception of that reason which is driving down the price of fesos in relation to other bazaar items.

So taking some values from a market manager spot check, we have the following numbers:
  • Veteran Promotional Scroll = 200 million vis
  • Expert Promotional Scroll = 235 million
  • Quarter Slot = 16.5 million
  • Enchant Booster & Upgrade Accelerator = 14 million
  • Mysterious Powder = 7.5 million
Assuming that fesos are being traded at a rate of 1:250 (which we usually see broadcast), this means the following items are worth:
  • Veteran Promotional Scroll = 800k fesos
  • Expert Promotional Scroll = 940k
  • Quarter Slot = 66k
  • Enchant Booster & Upgrade Accelerator = 56k
  • Mysterious Powder = 31k
Checking the bazaar, we have the following prices for the same items:
  • Veteran Promotional Scroll = 425 gold (assuming the 3 for 1275 gold bundle)
  • Expert Promotional Scroll = 450 gold (3 for 1350 gold)
  • Quarter Slot = 100 gold
  • Enchant Booster = 21.25 gold (20 for 425 gold)
  • Upgrade Accelerator = 26.25 gold (20 for 525 gold)
  • Mysterious Powder = 16.61 gold (90 for 1495 gold)
Hence, the ratios are:
  • Veteran Promotional Scroll = 1.88
  • Expert Promotional Scroll = 2.08
  • Quarter Slot = Less than 1 so it's not worth it to sell. There are still too many Quarter Slots floating around from the recent free injection.
  • Enchant Booster = 2.63, This seems to be the most cost effective item of this list to convert from gold into vis. We don't really know how well it sold though.
  • Upgrade Accelerator = 2.13
  • Mysterious Powder = 1.81

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