LOTRO ECONOMY UPDATE

The appearance of new content usually provokes rumbles in the LOTRO economy, and Book 14 has been no exception. One major new factor has been the ring lore quests - 70,000 of them per server before the gates to Eregion are opened. Each of the 70,000 quests is rewarded with a chest containing a item of some kind; these range from second-tier rep items all the way up to (or so rumour, or a single post on the Codemasters forum would suggest) a Helchgam's slime - one example of which was sold on the AH about a month ago for 20G. Don't hold your breath, though.

The vast majority of rewards are third-tier rep items, and this has definitely impacted on their price in the AH. Luistins (Lossoth rep items) which were selling for up to 475s in early July are now averaging 150s, and War Dispatches are down to around 300s from 450s. In general, the best-selling rep items are still those for the tougher or more useful factions, namely Lossoth, Council of the North and Elves of Rivendell, and while the price of these has all dropped, the demand is still there.

Interestingly, though Beryl Shards are now dropping (though not very often) from more mobs than before, the price of this perennial market indicator has remained surprisingly firm throughout July, and still averages about 750s. Exceptional Hides, most easily farmed in Forochel, are also maintaining their price, averaging about 400s for fifty.

Slightly more recipes seem to be dropping from mobs. Though down by about 25% on a couple of months ago, top prices can still be achieved by recipes for polished weapons and engraved beryl jewelery; recent examples were 1G, 500s for a Polished Ancient Steel Dagger recipe, and 2G, 100s for an Engraved Beryl Earring recipe. The new woodworking recipes and scholar's dye recipes are also in demand at the moment, but the market for the commoner recipes, including many that are single-use, has sagged badly.