Materia Market Crash

So with 2.1 most markets have stayed somewhat constant thus far on balmung, with a slight bump PvP-gear-tied goods like Electrum Ingots, but HOLY CRAP Craftsman Comp IV and Craftsman Command IV both dropped from 150-200k to 35-40k each. Any thoughts on what gives? Are people so desperate for housing theyre flooding the market at rock-bottom prices? Or is something else going on?

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Originally Posted by GilbertLapine

So with 2.1 most markets have stayed somewhat constant thus far on balmung, with a slight bump PvP-gear-tied goods like Electrum Ingots, but HOLY CRAP Craftsman Comp IV and Craftsman Command IV both dropped from 150-200k to 35-40k each. Any thoughts on what gives? Are people so desperate for housing theyre flooding the market at rock-bottom prices? Or is something else going on?

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One of the story quest gives you the meteria. So people are selling it on the market, Expect after the majority of people finish the story line and sell em off for prices to go back up

I was a little surprised to discover that the story quests give 2 of these types of materia!

Not only the quest but I was chopping up a set of patricians and got several pieces of IV. They are much easier to obtain now.

Interesting. Thanks for the info -- I'm glad I cleared my inventory before the patch!

Really hope those materia prices go back up. That was the last good way to get big money fast and be like "wow I just made 200k for nothing". With housing as expensive as it is and so much to do each day with the new content besides making gil, it would be nice having those spikes in income back every once in a while. Thinking you might get one of those also was probably the only thing to make spirit bonding something to look forward to.

Alot of the new quests give tier 4 crafting,gathering and battle materia

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Originally Posted by Beatdown

Not only the quest but I was chopping up a set of patricians and got several pieces of IV. They are much easier to obtain now.

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So level 50 items now give tier 4s?

I didn't want to rise this thread from the dead but it's interesting. Comp 4s are entering 15k range and it might be there to stay. Commands at 35-44k. I don't know but when the legacy dudes come I can only imagine this market might be in more trouble. Not going to be cool if this crashes again.

I'm still holding on to a bunch of cracked materia I forgot I had in hopes that the 2.2 crafted gear will be somewhat useful.

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Originally Posted by MorbidAngel

I'm still holding on to a bunch of cracked materia I forgot I had in hopes that the 2.2 crafted gear will be somewhat useful.

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You can expect it to be like the ilvl 70 crafted gear, some people will use it for a while, but it will be outpaced by dungeon/primal gear, also I think that with the increase in ilvl gear, we might start to see tier V material, so as with any game, there will be money to be made for a little while after the patch, spend you tombstones on the new crafting mats, either sell them, or craft the gear and sell it. Supposedly they will have new gathering nodes that require high gathering stats, but it's hard to tell how useful these mats will be, and how accessible they make these nodes, if they don't introduce new gear, then the materia might see a bit of bump up in price, but it will only be time before new gear is tossed out with much higher stats on it, so "nobody feels left out."