How to acctually MAKE money as a new weaponsmith

[Balrak]

Hi, I have noticed that crafting is very expensive in this game and after messing around with smithing for awhile trying to figure out how to make a profit, I think I have come to a solution. I really want to get up to about 1-2 million Kinah before I start raising my weapon smithing very high so that I can acctually afford to make the higher end stuff.

Step 1: First off, you need the Durable Steel Dagger Recipe. I will focus on what I did which was to make 20 Daggers (Daggers have the highest demand out of all of the metal weapons).

Step 2: Purchase about 120 Lesser Weapon Fluxes (24,000 K) from the Trade Broker (using 200 as a median price).

Step 3: Purchase 200 Aether Powder (50,000 K) from the Trade Broker (using 250 Kinah as a median price).

Step 4: Mine (or buy) 600 Iron Ore and make them into Ingots (90,000 K) 80 Steel Rods (40,000 K) and 140 Steel Nails.

Step 5: Make daggers. I usually crit on about 25% of mine but I heard the official number is 15% (using 15% just to be official and so I don't get flamed, even though I crit'd 5 out of 11 daggers this morning).

Outcome: 3 Green Steel Daggers(sell on Trade Broker for about 60,000 K each) 17 Regular Steel Daggers (sell to vendor for about 6500 K each).

Kinah Earned= 290,500 K (about 397,500 K if you do about 25% crits like me).

Cost of Materials= 204,000 K if you mined your own ore.

That means you will have made approximatly 86,500 K to 193,500 K PROFIT (or more depending on how lucky you are).

Step 6: Bank the profit and take the 204,000 K that you used on materials and buy more materials and do it again!

This process can be done at a low weaponsmithing skill and is meant for beginners, not you elite pros that will probably flame me because you are so much better than I am

[Sangwin]

Vendoring the whites that I make has been a decent enough way to offset the cost of crafting for me. I make the occasional sale of a green, and I get constantly updated weapons. Seems ok to me.

Of course, the cost of entry to weaponsmithing is high. Don't expect to start off, and make millions right away. It's going to take sticking with the profession, and doing crafty things like the OP does to make some cash. The idea is that you shouldn't have to farm mats yourself. When the broker prices stabilize, the smart WS will be in place to swoop in on mats that are cheap, and provide upgrades for new levellers.

[Breakurself]

Sadly those green daggers go for 22-30k on my server ><

[Mnemnosyne]

Originally Posted by Balrak

Cost of Materials= 204,000 K if you mined your own ore.

This is the only major glaring flaw I see in your post. You didn't take into account the price of the ore because you calculated as though, for some incomprehensible reason, it was free, because you mined it yourself.

Gathering things yourself does not make them free. You've spent time gathering them. More significantly, you could sell them at market value. Anything you do not sell is no different than something you purchase, as far as costs go.

If you mined your own ore, figure out how much that ore would sell for, then calculate that as part of the cost.

[Veevi]

Originally Posted by Mnemnosyne

If you mined your own ore, figure out how much that ore would sell for, then calculate that as part of the cost.

I was just looking through the topics for when this would pop up. Sadly, not everyone understands this yet, so lots of stuff gets sold way below their real crafting costs. I'm assuming it'll only get better if the prices for the raw materials get somewhat stable

[Coaltrain]

Originally Posted by Mnemnosyne

If you mined your own ore, figure out how much that ore would sell for, then calculate that as part of the cost.

Thank you! Far too few understand the concept of opportunity cost.

Anyway. Using the same concept as the OP, selling noble durable steel items (side note; spend time getting to know your local server market. Which items are in demand or in low supply, etc) I've kept myself comfortable with new weapons and skill books as I level up but I reckon the real kinah will start rolling in when we start crafting blues and oranges.

[khariste]

The easiest way to make money is to sell items which other crafters don't make.
There are a few good items which sell for huge profit margins.

[Sitar]

Can you name a few of those Khariste (on your server of course)

[RamzaBehoulve]

Originally Posted by Mnemnosyne

If you mined your own ore, figure out how much that ore would sell for, then calculate that as part of the cost.

Quoting it again so as many as possible see this.

[taek]

I'm not flaming this post, but from what I can see you're not doing anything different than anyone else. I'm not sure what you're actually trying to tell the community.

I think you're making white weapon crafts and just praying for procs?

If you're lucky, you make some greens & a profit.
If you're unlucky, you take a loss.

Everyone knows this already.

[michaelsngws]

Not trying to troll but I am starting to get the feeling that the real way of making money out of Weaponsmithing is by jacking up the prices of the Fluxes. I'm hanging up my hammers for the moment and keeping an eye on the crafted weapon market for a while to see if I want to go back in. This varies from server to server, and it just takes a couple of people who fail at mathematics to screw up the feasibility for the rest.

[EasymodeX]

Two factors make weaponsmithing retarded on the profit margins:

1. Steep cost of charcoal and acid. Srs.

2. Tier drops of fluxes. Greater Weapon Fluxes drop off the same mobs as Major Armor Fluxes. Wtf? Regular Weapon Fluxes drop with Greater Armor Fluxes. Really?

As a result, weaponsmithing for a given tier of material requires higher tier (and more expensive) Fluxes, in addition to the ridiculous fixed price of the conversion materials.

[requiamer]

I'm coming to the conclusion crafting overall isn't worth it, i have to insist it is my own conclusion. You will get better just buying the equip from crafters if you really need to, since some key equips are better crafted like the lv30 daggers for sin are better than any dropped ones. I'm not sure how it is at lev40/50, but up untill 30 crafting is just waste of money pure and simple waste, and i don't talk about the time you will need to level your craft, vitality gathering and ether which is a huge time sink in this game, and even with those leveled i could have full equiped myself from shoes to weapons and jewelry for the price i can make dual weapons, totally idiotic. Overall crafting is nyerked, i'm just sorry i wasted so much in it. Flame me all you want i don't care.
The only really good reason there is to level crafting is for your legion, this is the only valid reason someone would want to level 1 and only one crafting domain. So people be aware about this. The money you will make as your legion crafter (outside your legion, because obviously most will craft for free in the legion, will maybe get your money back, but really it will take you so much time gathering all the **** needed, i'm not sure you can call it a money back at all).

[Sarynn]

I have found weaponsmithing to not really be worth it -- mostly. There are a few items you can craft that doesn't cost much to make but the return is very high. Unfortunately getting the key components is sometimes difficult. For example, the Covert Sword sells for 800k easily on Israphel, and the Noble version I usually sell for 1.5m. The key component, Kratia's Scale, is difficult to come by however. I have bought a few on the broker for 75k-100k, and looted two myself.

At this point I have kept myself to making only recipes with guaranteed blues or greens. This are yielding me the best profit. Trying to make regular weapons, hoping to get Noble and then Worthy Noble versions is just not profitable at all in the long run. At best you break even.

[Aspecti]

I can't for the life of me understand how you can sell Covert Sword as Elyos when everyone can get Inferno and/or Hannet's Sword for FREE, both at level 32.