Price of Antique Summoning Stones

[Gibson.4036]

So, four weeks ago there seemed to be a general consensus that Antique Summoning Stones would slowly drop in price as more players unlocked the globalization mastery and supply increased. Initially I was seeing people predict an eventual settling of price at 5g to 7g. After the first week of prices dropping they've stayed pretty stable, however, sitting in the 13g to 15g range.

Supply has increased, jumping with each weekly reset. They've gone from a peak of 1.7k, to a peak of 2.3k, to 3k this week. The difference between buy and sell prices has tightened to a dozen silver or so. Adding them to the Dragon's End chest doesn't seem to have done much of anything to their price or availability, unsurprisingly.

https://www.gw2tp.com/item/96978-antique-summoning-stone

I'm no economist. What are people's thoughts? Are we likely to see 14g be the price for the long term? Will we see a significant change at the  sixth month mark, when players who are holding on to their weekly anti sum stones will make their Aurene leggie and then start selling future anti sum stones?

Edited March 29, 2022 by Gibson.4036

[Redfeather.6401]

I am wondering what day is best to sell them. I don't play the game enough hours to even look at legendary anything so I straight up sell all legendary stuff I can. I am wondering how to get the most gold from it all as I can't get anything else from it I don't think.

[Gibson.4036]

3 minutes ago, Redfeather.6401 said:

I am wondering what day is best to sell them. I don't play the game enough hours to even look at legendary anything so I straight up sell all legendary stuff I can. I am wondering how to get the most gold from it all as I can't get anything else from it I don't think.

Well, it looks like from GW2TP that the peak buy price has happened over the last three weeks on the weekend. Peak sell price is a little harder to see. Looks like mostly the weekend as well, but there was a peak last Thursday.

[Firebeard.1746]

So Summoning stones are even MORE valuable than MCs as they take actual effort to earn on top of being time gated as each one requires a currency, whereas most MCs were just free from login rewards. So I expect the TP barons to hoard them as a way of saving value just like they did with MCs. We'll probably see their value propped at something exorbitant. The only way this will get "fixed" is if they nerf the DE meta into oblivion on a level most people feel like playing it is actually worth it. 

Why they haven't, despite widepsread community feedback that the meta is STILL too hard, I have 0 clue. Why they've tied so many achieves and MPs to collections, etc that require finishing it is beyond me. 

Edited March 29, 2022 by Firebeard.1746

[Xerxez.7361]

11 minutes ago, Gibson.4036 said:

So, four weeks ago there seemed to be a general consensus that Antique Summoning Stones would slowly drop in price as more players unlocked the globalization mastery and supply increased. Initially I was seeing people predict an eventual settling of price at 5g to 7g. After the first week of prices dropping they've stayed pretty stable, however, sitting in the 13g to 15g range.

Supply has increased, jumping with each weekly reset. They've gone from a peak of 1.7k, to a peak of 2.3k, to 3k this week. The difference between buy and sell prices has tightened to a dozen silver or so. Adding them to the Dragon's End chest doesn't seem to have done much of anything to their price or availability, unsurprisingly.

https://www.gw2tp.com/item/96978-antique-summoning-stone

I'm no economist. What are people's thoughts? Are we likely to see 14g be the price for the long term? Will we see a significant change at the  sixth month mark, when players who are holding on to their weekly anti sum stones will make their Aurene leggie and then start selling future anti sum stones?

 

I'm predicting Summoning Stones will settle around 5g, but not this soon. Further, on Multiple Months away when players have had plenty of time to level their Arborstone Masteries.

[Khisanth.2948]

Need: 200

Have: 0

Change in demand: 0

For me going through the story just feels like too much of a drag(I am probably at the last step). Getting the exp is trivial and I have the mastery points ready.

On the other hand I will probably just get them for my own use and not buy any so my demand won't have any impact on the prices.

There is also the possibility of needing a few for the variants.

[Danikat.8537]

I think you've underestimated how slowly the price will change. It's probably going to be a shift measured in months, not weeks. It wouldn't surprise me if the majority of GW2 players don't know what antique summoning stones are yet, or that you can get 5 of them per week if you unlock globilisation so they're not in any hurry to complete that mastery track.

If the difference between the buy and sell prices has closed and the supply is increasing the likely next step is that the price starts dropping as sellers undercut each other or sell directly to buy orders because it's not much different, but that will have less impact when the majority of people selling are those in the know looking to maximise their profit, because they'll be hesitant to drop the price too much. So I think it will be a gradual change over months rather than a rapid drop at some point.

[Mortime.1359]

While more people will be unlocking the mastery there will also be more people quitting or taking the time off the game . So I believe the supply will change really slowly.

[Luthan.5236]

You also need to keep in mind that the demand will decrease. After people have made their free precursor into a legendary ... they might switch to other stuff. Only a few hardcore players will actually try to complete full sets.for everything (even weapons that are onyl usable by professions they do not play that much).

And the hardest of the hardcore players are playing now from start/release of the expansion and farming everything ouf out the game until they are finished. Give it a few months and most of the hardcore players will have their full set and the more casual players will have 1 or 2 elite being fine with it - and the demand will be lower.

(Not taking into account that there are players with maxesd gold on their several  accounts trying to maniuplate the market.)

Edited March 29, 2022 by Luthan.5236

[Telgum.6071]

37 minutes ago, Firebeard.1746 said:

Why they haven't, despite widepsread community feedback that the meta is STILL too hard, I have 0 clue. Why they've tied so many achieves and MPs to collections, etc that require finishing it is beyond me. 

This comment made sense the day of release. Today, not anymore.

[Firebeard.1746]

Just now, Telgum.6071 said:

This comment made sense the day of release. Today, not anymore.

I have competent guildies still attempting and failing. I noticed very little difference since the exposed nerf, so it's not worth doing any more. THere's still people complaining about it here and in-game. This is false. 

[Ogwom.7940]

@Firebeard.1746Hi, I don't want to deviate form the topic too much, but you can find organized squads with designated roles and subsquads that can easily defeat the meta. It helps too most of the people on the map know the fight and are listening to the commander's instructions. I have successfully completed it 15 times every day, with only one loss.

 

I am sure the summoning stones will drop more in price, now that more and more people can acquire them from the meta. It will take a lot of time, many months. 

I also don't have too much of a problem with them being a bit of a gold sink though, since the other parts of the legendary are quite cheap to craft, though of course it would be nice if they were cheaper.

[Ruisen.9471]

7 minutes ago, Ogwom.7940 said:

@Firebeard.1746Hi, I don't want to deviate form the topic too much, but you can find organized squads with designated roles and subsquads that can easily defeat the meta. It helps too most of the people on the map know the fight and are listening to the commander's instructions. I have successfully completed it 15 times every day, with only one loss.

 

I am sure the summoning stones will drop more in price, now that more and more people can acquire them from the meta. It will take a lot of time, many months. 

I also don't have too much of a problem with them being a bit of a gold sink though, since the other parts of the legendary are quite cheap to craft, though of course it would be nice if they were cheaper.

 

There's alot of people claiming their squad was competent, but there's no metric to actually quantify this.   For all we know, it could be 40 people doing < 3k dps each.

 

Since the changes to the DE meta, good commanders that divide their squad into proper subgroups with boons are able to consistently finish the meta with ~5 mins on the clock, but its still like the early days of TT where most of those commanders are part of a small number of guilds that are purposely making DE PuG runs, the average zerg is probably still struggling.

Edited March 29, 2022 by Ruisen.9471

[Telgum.6071]

14 minutes ago, Firebeard.1746 said:

I have competent guildies still attempting and failing. I noticed very little difference since the exposed nerf, so it's not worth doing any more. THere's still people complaining about it here and in-game. This is false. 

What is false is saying that DE meta is too hard. Your guild mates won't change nothing if the rest of the squad is bad.

[Firebeard.1746]

26 minutes ago, Ogwom.7940 said:

@Firebeard.1746Hi, I don't want to deviate form the topic too much, but you can find organized squads with designated roles and subsquads that can easily defeat the meta. It helps too most of the people on the map know the fight and are listening to the commander's instructions. I have successfully completed it 15 times every day, with only one loss.

 

I am sure the summoning stones will drop more in price, now that more and more people can acquire them from the meta. It will take a lot of time, many months. 

I also don't have too much of a problem with them being a bit of a gold sink though, since the other parts of the legendary are quite cheap to craft, though of course it would be nice if they were cheaper.

Organization on that level shouldn't be necessary because not everyone has those builds. So you're saying this is basically a raid, that takes at least an hour to attempt? LIsten to Muk's comments on this meta and how much preparation that is on the commander and I just think expecting that amount of effort for an OW event is insane. And at least in a raid, I can reset and also have way more control who is in it with me. 

Edited March 29, 2022 by Firebeard.1746

[Khisanth.2948]

26 minutes ago, Ruisen.9471 said:

 

There's alot of people claiming their squad was competent, but there's no metric to actually quantify this.   For all we know, it could be 40 people doing < 3k dps each.

 

Since the changes to the DE meta, good commanders that divide their squad into proper subgroups with boons are able to consistently finish the meta with ~5 mins on the clock, but its still like the early days of TT where most of those commanders are part of a small number of guilds that are purposely making DE PuG runs, the average zerg is probably still struggling.

For typical open world squads I think you mean < 1k ...

 

[Gibson.4036]

45 minutes ago, Danikat.8537 said:

I think you've underestimated how slowly the price will change. It's probably going to be a shift measured in months, not weeks. It wouldn't surprise me if the majority of GW2 players don't know what antique summoning stones are yet, or that you can get 5 of them per week if you unlock globilisation so they're not in any hurry to complete that mastery track.

If the difference between the buy and sell prices has closed and the supply is increasing the likely next step is that the price starts dropping as sellers undercut each other or sell directly to buy orders because it's not much different, but that will have less impact when the majority of people selling are those in the know looking to maximise their profit, because they'll be hesitant to drop the price too much. So I think it will be a gradual change over months rather than a rapid drop at some point.

Thanks for this analysis. I didn't really know what to expect. I saw quite a few estimates of a final stabilized price, but I don't think I've seen anyone take a guess at the time frame for reaching that.

Interesting about the difference between buy and sell orders and what that may lead to. I don't know much about how markets work, but that makes sense.

35 minutes ago, Ogwom.7940 said:

 

I also don't have too much of a problem with them being a bit of a gold sink though, since the other parts of the legendary are quite cheap to craft, though of course it would be nice if they were cheaper.

Agreed, there. They're really the only thing making this generation of legendaries cost as much as the previous generation. GW2Efficiency estimates Aurene's Rending, for example, costing 2.2k gold to make. 1.3k of that is just the Antique Summoning Stones. If they do ever fall to 5g a piece, they'll be the cheapest legendary weapons to make.

1 hour ago, Xerxez.7361 said:

 

Further, on Multiple Months away when players have had plenty of time to level their Arborstone Masteries.

This is an interesting point. I'm not a hardcore player at all, but I do read up on the up on the game a bunch. I didn't spend a single MP until I had the Arborstone track unlocked and then beelined straight for Globalization because I knew I wanted to be able to start buying the weekly stones as soon as I could.

It's good to remember that isn't typical.

[Cuks.8241]

I think the drop in price will occur but not soon and not as drastically as people predict. Judging from myself, players are only starting to look at the direction of new legendaries. Ill surely craft a few but not yet. Also we get new skins for the legendaries soon and those will spark up crafting.

Keep in mind you can sell them on TP and right now they are very expensive. Only once a steady supply of legendaries on TP is established and we get all the skins we can foresee price decrease on the stones. 

For now I'm just enjoying the material price fluctuations and making gold and once the initial rush on all the new shinies calms down Ill go for them. Luckily have a few precursors in my bank and am only gated by MCs which are dropping in price while many base materials are high. 

Also lets see what Strike CMs bring. Those could potentially be a source of some of the required gated mats.

[Ogwom.7940]

1 hour ago, Firebeard.1746 said:

Organization on that level shouldn't be necessary because not everyone has those builds. So you're saying this is basically a raid, that takes at least an hour to attempt? LIsten to Muk's comments on this meta and how much preparation that is on the commander and I just think expecting that amount of effort for an OW event is insane. And at least in a raid, I can reset and also have way more control who is in it with me. 

Hey,

Why shouldn't it be necessary to have that level of organization? It's not even that demanding. Most people play DPS in it with just a few alac and quickness. And no, that is a strawman. I am not saying it is a raid.

We currently have some forms of high level organization for other meta events, for example Tequatl and Triple Trouble Wurm. I like to have some metas that are on the tircky side. They feel very rewarding when you do win them. I would say the loot needs to be improved though.

 

Regardless, I am open for them to make the event easier, but I also kind of like the difficulty of it.

If they do make it easier, there may be more generation of Summoning Stones, so either way I'm down for either.

[Ogwom.7940]

1 hour ago, Ruisen.9471 said:

 

There's alot of people claiming their squad was competent, but there's no metric to actually quantify this.   For all we know, it could be 40 people doing < 3k dps each.

 

Since the changes to the DE meta, good commanders that divide their squad into proper subgroups with boons are able to consistently finish the meta with ~5 mins on the clock, but its still like the early days of TT where most of those commanders are part of a small number of guilds that are purposely making DE PuG runs, the average zerg is probably still struggling.

For sure, and those are good points. I definitely agree the average squad will not succeed this meta.

[Gorem.8104]

It will get cheaper over time, the thing is remember everyone was given a free pre - once that stock dries up and we get more weeks into EoD it will just keep on passively going down. One reason its this high still is also due to barons keeping it that way and drip feeding it. 

Honestly though, Arborstone should not have had a mastery track.

[Gibson.4036]

9 minutes ago, Gorem.8104 said:

It will get cheaper over time, the thing is remember everyone was given a free pre - once that stock dries up and we get more weeks into EoD it will just keep on passively going down. One reason its this high still is also due to barons keeping it that way and drip feeding it. 

Honestly though, Arborstone should not have had a mastery track.

It'll be interesting to see how it balances out. On one hand, you're right, in six months or so people with their fragment of prismatic light will be making their Return To legendary.

On the other hand, I know some people are specifically selling them now while they are higher priced, with the intention that they will buy when they are cheaper. So as the price goes down, more of those players are going to switch from Anti Sum Stone sellers to buyers, pushing the price back up.

As a side note, ArenaNet, did you really have to give these a name with such a problematic acronym?

Edited March 29, 2022 by Gibson.4036

[Esquilax.3491]

19 minutes ago, Gorem.8104 said:

It will get cheaper over time, the thing is remember everyone was given a free pre - once that stock dries up and we get more weeks into EoD it will just keep on passively going down. One reason its this high still is also due to barons keeping it that way and drip feeding it. 

Honestly though, Arborstone should not have had a mastery track.

There is no way to profit on these items, why would a baron "hoard and drip feed"? Anyone can see the price is going to go down and not up. Do you think they operate of the principle "buy high, sell low"?

 

The reason they are still costly is because they are in demand, people want the new shiny and they have a preccursor to burn. Not because barons are hoarding them lmao

[Ogwom.7940]

3 hours ago, Ogwom.7940 said:

Hey,

Why shouldn't it be necessary to have that level of organization? It's not even that demanding. Most people play DPS in it with just a few alac and quickness. And no, that is a strawman. I am not saying it is a raid.

We currently have some forms of high level organization for other meta events, for example Tequatl and Triple Trouble Wurm. I like to have some metas that are on the tircky side. They feel very rewarding when you do win them. I would say the loot needs to be improved though.

 

Regardless, I am open for them to make the event easier, but I also kind of like the difficulty of it.

If they do make it easier, there may be more generation of Summoning Stones, so either way I'm down for either.

Sorry. To whoever put the confused emoji, I should clarify.

I said "forms of high level organization". This does not mean that I am saying Triple Trouble or Tequatl require the same type of difficulty of organization as DE meta. They have different aspects of difficulty. Also, apparently people say the average DPS to defeat DE is 7k per person? That is extremely low. I am not here how to tell others how to play, just bringing this aspect to the conversation. 

Is it a bad thing that we have some meta event content that is higher difficulty and requires a large community effort? I am not sure. If so, should it be reserved for meta events that aren't somewhat  associated with the main storyline like DE meta is compared to TT or Teq?

 

Anyways, just to go back on topic. I wouldn't worry about the prices for the summoning stones. Even if they remain that price, it shouldn't be too much of a problem. As I mentioned earlier, they are they largest gold sink if you are "express crafting " the gen 3 weapons, and almost free if you buy 5 per week and 1 per day from DE meta, with a max of 12 per week. This adds up to 100 summoning stones in about 2 months.

Edited March 29, 2022 by Ogwom.7940
added a " ,"

[Danikat.8537]

2 hours ago, Gorem.8104 said:

It will get cheaper over time, the thing is remember everyone was given a free pre - once that stock dries up and we get more weeks into EoD it will just keep on passively going down. One reason its this high still is also due to barons keeping it that way and drip feeding it. 

Honestly though, Arborstone should not have had a mastery track.

Don't forget the precursor from the Seasons of the Dragons achievement is only free in the sense that you don't have to spend gold or materials to get it, completing all those achievements takes a lot of time. Only 11.4% of accounts on GW2 Efficiency have finished the achievement (I can't see a way to find out how many have gotten to tier 2 to get the precursor).

I made a start on the return to achievements and I fully intend to finish them, but I'm doing it as my characters make their way through the story and that's interspaced with other goals so I haven't done it yet and I'm not likely to finish it any time soon. It wouldn't surprise me if I'm not the only one in that situation.