Making Gold – Alchemy and Flasks

How to Make Gold with Alchemy – Flasks

Making gold with Alchemy and Flasks is all about timing.  Sure, everyone will need flasks, elixirs, and potions at some point or another…but the trick is to pinpoint when they are at the highest demand.

Flasks become a very needed item when content patches are released, especially with new raids.  Right now, with Icecrown Citadel dungeons and raids brand new with Patch 3.3, everyone is on an ICC raiding craze.  This isn’t just your normal raid patch though…this is the fall of Arthas.  Many players have returned to WoW just for this content.

This is creating a huge need for flasks with the high interest in raiding.  Alchemists should be cashing in on this recent influx of Auction House business.  Herbs are currently selling at all time lows, but Frost Lotus is at an all-time high.  At 50g-80g per, flasks are getting quite expensive, since it takes one Frost Lotus to make one flask.

Here are the main four types of flasks currently in high demand:

• Flask of Endless Rage
• Flask of the Frost Wyrm
• Flask of Stoneblood
• Flask of Pure Mojo

Currently, Flasks of Endless Rage, Frost Wyrm, and Stoneblood are selling anywhere from 40g per to 55g per.  Pure Mojo is around 30g-35g.  Not too bad.  Everytime an Alchemist makes one of these flasks, they actually make two.  So, for all the herbs and one Frost Lotus, they make two flasks.

Now, Elixir Mastery allows for a chance to proc more flasks when an Alchemist is making them>  This is the current mastery I am specced for, so I am creating a good amount of flasks for a nifty little profit.  I can make 2 flasks normally, with a chance to proc and make 4, 6, 8, or even 10 flasks with one set of mats.

My first run through, I bought 15 Frost Lotus for 50g each.  That came to 750 gold.  The other herbs I already had from farming.  That is the trick to all of this.  Farm the herbs and ONLY buy the Frost Lotus.  You may end up with additional Frost Lotus from your farming as well.

Here is what I made the first time around:

• Endless Rage x2
• Endless Rage x4
• Endless Rage x4
• Endless Rage x2
• Endless Rage x4
• Frost Wyrm x2
• Frost Wyrm x2
• Frost Wyrm x2
• Frost Wyrm x2
• Frost Wyrm x2
• Stoneblood x2
• Stoneblood x4
• Stoneblood x2
• Stoneblood x2
• Stoneblood x4

Totals came out to Endless Rage x16, Frost Wyrm x10, and Stoneblood x14.  I sold all for 40g each.

40 flasks x 40g = 1600g.  850g profit right there.

I made 10 extra flasks from my Elixir Mastery, equalling 400g extra that I normally wouldn’t have had with another Alchemy mastery.

So, after that great success, I took to farming some more herbs the following day, and wound up with an additional 6 Frost Lotus.  After some quick calculations, I figured I could make 15 more flasks, and bought 9 more Frost Lotus at 60g this time.

Remember, one Frost Lotus equals two flasks.  So 60g spent for at least 80g is still a 20g profit.  I WILL be making gold, bottom line. I’m just crossing my fingers for the extra procs.

Extra gold spent: 540g.

The AH had a huge surplus of Stoneblood this time, and quite a few Frost Wyrm, but was a little low on Endless Rage.  So, I opted to make 10 Endless Rage and 5 Frost Wyrm.

Here were the results:

• Endless Rage x2
• Endless Rage x2
• Endless Rage x4
• Endless Rage x2
• Endless Rage x4
• Endless Rage x4
• Endless Rage x2
• Endless Rage x2
• Endless Rage x2
• Endless Rage x4
• Frost Wyrm x2
• Frost Wyrm x2
• Frost Wyrm x2
• Frost Wyrm x2
• Frost Wyrm x2

Blasted Flask of the Frost Wyrm didn’t want to proc!  I still got 8 extra flasks, though.  Sold ‘em all for 40g each again.

38 flasks x 40g = 1520g

That comes to a 980g profit.

So, over that two day period, I made 1830g just from making flasks.  Not too shabby!  Now, the market does fluctuate, and at one point, Frost Lotus were selling for 90g per (in a low supply), so I opted not to make flasks during that time frame.

I have been jumping on any low Frost Lotus since then, and have been famring herbs to keep my supplies up.  Now, I relaize some people argue that selling the Frost Lotus and herbs individually would make me more money.  That may or may not be true.

Here are two reasons why it may not be true, and why I opt to make flasks instead:

1. All WotLK herbs are selling at all-time lows on the AH.  Seriously running 15g a stack for some.  At these low prices, making flasks actually can amount to more gold.
2. With Elixir of Mastery, the chance to proc extra flasks is a huge boost in gold profit.  Just one x4 proc puts me at an advantage over selling stacks of herbs.  The first two runs I had, and even since then, I have procced many extra flasks, significantly boosting my earnings.

AH Pricing

I am an undercutter.  If you read my content on this site, you know this.  I price my flasks at the lowest price, and not by 5s or 10s.  I undercut by 1g, 2g, or sometimes even 3g.  My flasks disappear the night I put them on the AH.

“But you’re losing gold by not pricing higher!  People will buy them regardless!”  Maybe, maybe not.  Remember, I am bound to get undercut too, so the quicker I sell, the better off I am.  Plus, I am a firm believer in higher turnover equals greater profits.  While you sit on your medium to high priced flasks over 48 hours, I have sold twice as much in two days by pricing cheaper.  I win.

So that’s how I have been making gold with Alchemy and Flasks.  They’re always in demand, but they become a complete gold making titan during content releases.  I’m making my gold, are you?