mrfreakingpeanut
Apprentice
- Joined
- Mar 21, 2006
- Sythe Gold
- 0
- Messages
- 787
Some of you may know this method, it's more for the people just starting out or on a new account with only a little money, I hope you guys enjoy it and expect more guides to come.
Requirements:
-Members
-Seven Magic
-Some Decent Starting Money
MrFreakingPeanut
It all began back with the integration of the Grand Exchange in 2007. Finding certain items prior to this newly implemented system could truly be a hassle, particularly un-enchanted jewelry. This is where the Grand Exchange, a seemingly terrible idea at the time, became one of my most fond updates on Runescape. Previously, finding sapphire rings that were not yet enchanted was virtually impossible. To obtain Sapphire Rings, one would have to gather the gold ore and sapphires and then smith the gold and create the sapphire ring through crafting or simply buy the bars and sapphires and create the rings. It was tough to find someone selling Sapphire Rings. Now-a-days, we can simply use the Grand Exchange to find these items, most of the time while we do something else. So now that I have explained how it came about, let me explain the guide itself and how to make the money. Sapphire Rings buy fairly quickly, in fact I just bought about 800 at max price and it only took about thirty minutes to an hour. Cosmic Runes also sell fairly quickly at max price, I also just recently bought 800 in about the same time interval as previously mentioned. Now onto some basic mathematical calculations for proving profit.
I discovered this method a while back, however, just to verify that it would still work, I did 800 rings just today (11/21/10) to ensure that this method will still function properly.
Math
Cosmic Runes At Max: 127
Cosmic Runes At Med: 121
Sapphire Rings At Med: 631
Sapphire Rings At Max: 663
Ring of Recoil At Med: 1,043
Ring of Recoil At Max: 1,095
At Max Price: 127+663= 790
Ring of Recoil at MED Price= 1,043
Profit Per Ring Enchanted: 253 (300)
HOWEVER, Rings of Recoil always sell above medium price, sometimes even at maximum and below is a picture to prove it, therefore the profit per ring is more realistically about 300 gp.
The average inventory, due to the system being designed through a mechanism which enchants as fast as you can click, takes only about 50-55 seconds. This translates into about 68 inventories per hour if one is truly focused and dedicated to the process. 68 Inventories per hour and 26 rings per inventory equates to 1768 rings per hour. If the profit per ring is 300 gp and you can make 1768 in one hour, that means the total overall profit is about 530k per hour.
Now let's not be to quick to count out any other bonuses to this method. Each level one enchant that is cast is 17.5 mage experience. So if 1768 casts are performed each hour and each one is 17.5 mage experience, that means that the account will also be gaining ~31k mage experience per hour as well, which is phenomenal at the lower levels, especially around level seven!
Tips and Tricks
-This method is one which will vary greatly with the prices that change on a daily basis, sometimes it will change for the better and sometimes for the worse. The good news is that I have never really made LESS then 375-400k per hour with this method but I have made IN EXCESS of 600k at times when the prices are in my favor.
-Buying the items at medium does in fact work which would create absolutely enormous profits if you had the patience for it. I never really looked into the time that one would have to wait in order to obtain the items at medium price, I'd imagine it's an overnight buy if it does happen, no promises here. From personal experience I have gotten them at medium. If the materials for the spell are gotten at medium price the average gp per hour would run roughly around 600k, which is great for a low level account.
(This took me about 30 minutes to enchant)
Proof That The Rings Sell For Max Price
Requirements:
-Members
-Seven Magic
-Some Decent Starting Money
MrFreakingPeanut
It all began back with the integration of the Grand Exchange in 2007. Finding certain items prior to this newly implemented system could truly be a hassle, particularly un-enchanted jewelry. This is where the Grand Exchange, a seemingly terrible idea at the time, became one of my most fond updates on Runescape. Previously, finding sapphire rings that were not yet enchanted was virtually impossible. To obtain Sapphire Rings, one would have to gather the gold ore and sapphires and then smith the gold and create the sapphire ring through crafting or simply buy the bars and sapphires and create the rings. It was tough to find someone selling Sapphire Rings. Now-a-days, we can simply use the Grand Exchange to find these items, most of the time while we do something else. So now that I have explained how it came about, let me explain the guide itself and how to make the money. Sapphire Rings buy fairly quickly, in fact I just bought about 800 at max price and it only took about thirty minutes to an hour. Cosmic Runes also sell fairly quickly at max price, I also just recently bought 800 in about the same time interval as previously mentioned. Now onto some basic mathematical calculations for proving profit.
I discovered this method a while back, however, just to verify that it would still work, I did 800 rings just today (11/21/10) to ensure that this method will still function properly.
Math
Cosmic Runes At Max: 127
Cosmic Runes At Med: 121
Sapphire Rings At Med: 631
Sapphire Rings At Max: 663
Ring of Recoil At Med: 1,043
Ring of Recoil At Max: 1,095
At Max Price: 127+663= 790
Ring of Recoil at MED Price= 1,043
Profit Per Ring Enchanted: 253 (300)
HOWEVER, Rings of Recoil always sell above medium price, sometimes even at maximum and below is a picture to prove it, therefore the profit per ring is more realistically about 300 gp.
The average inventory, due to the system being designed through a mechanism which enchants as fast as you can click, takes only about 50-55 seconds. This translates into about 68 inventories per hour if one is truly focused and dedicated to the process. 68 Inventories per hour and 26 rings per inventory equates to 1768 rings per hour. If the profit per ring is 300 gp and you can make 1768 in one hour, that means the total overall profit is about 530k per hour.
Now let's not be to quick to count out any other bonuses to this method. Each level one enchant that is cast is 17.5 mage experience. So if 1768 casts are performed each hour and each one is 17.5 mage experience, that means that the account will also be gaining ~31k mage experience per hour as well, which is phenomenal at the lower levels, especially around level seven!
Tips and Tricks
-This method is one which will vary greatly with the prices that change on a daily basis, sometimes it will change for the better and sometimes for the worse. The good news is that I have never really made LESS then 375-400k per hour with this method but I have made IN EXCESS of 600k at times when the prices are in my favor.
-Buying the items at medium does in fact work which would create absolutely enormous profits if you had the patience for it. I never really looked into the time that one would have to wait in order to obtain the items at medium price, I'd imagine it's an overnight buy if it does happen, no promises here. From personal experience I have gotten them at medium. If the materials for the spell are gotten at medium price the average gp per hour would run roughly around 600k, which is great for a low level account.
(This took me about 30 minutes to enchant)
Proof That The Rings Sell For Max Price
Dang, but like I said it will go through it's good times and bad times depending on the market
