Are you still worried about the lack of gold to buy decent gear in WOTLK Classic? Do you want to make huge amounts of gold through the auction house? If this is what you need, then don’t miss this gold coin farming guide.

In fact, it is very simple to make money in the auction house, just buy low and sell high. Auction House gold flipping is one of the most demanding gold farming methods, but in a short period, with a lot of knowledge and a little more luck, you can earn a lot of WOTLK Classic Gold here.

In this guide, I’ll show you the basics of farming gold via Auction House along with some suggestions, and the rest is all up to you. Without further ado, let’s get started!

Prepare

Before we get started, let’s talk about the requirements for trying this method.

Prepare Initial Capital

First, you need some starting gold coins, at least 20k or more. While having less gold will still give you some profits, it will take longer to actually get some decent results.

What’s more, the flipping of a bad item can have a very detrimental effect on your finances. The idea is that more money equals more flipped items equals more profit.

Auction House Addon

The second thing you must have is some kind of Auction House addon. This is a very simple addon with 2 tabs that you will use most, Buy tab for buying and Sell tab for selling items.

Get A Calculator

The third one is a calculator. I’m sure some players are very good at calculations and do it quickly, but a calculator will definitely guarantee you accurate and fast calculations when flipping items. Since every item you resell comes with an auction house discount, you only get back 95% of the listed price.

Understand The Market Price Of Flipped Items

The fourth and most important point is understanding of the market. Every item in the auction house has a certain average price, and an overpriced auction item may never sell.

This knowledge is hard to grasp for a number of reasons. Prices change every day, and something expensive today will be cheaper tomorrow and vice versa.

To get a better idea of the price of something, I recommend checking the auction house several times a day to see what a fair price is for the items you plan to flip. A week of scanning is enough time to get to know the market better and start dealing with auction houses.

How Does It Work?

Now everything I’m going to show you and tell you in the next few minutes is just an idea of how to earn WOTLK Classic Gold in the game. Repeating these steps does not guarantee a profit, so be careful and proceed carefully.

So how to make some profit? Auction house flipping can be divided into 3 parts: Sniping, Flipping and Resetting. Let’s talk about Sniping first.

Sniping

First, you need to scan the item and purchase the auction item at a lower price than usual. Regardless of the quantity, buying cheap items can definitely be profitable in the end.

Auction items are sniperable for two main reasons. Players just want to make money quickly and don’t care about profits. Or, someone has some low-ball auctions for a specific item, so some other player who doesn’t quite understand the market value might put a bunch of the same item on the market for cheap. What is the result? You get tons of stuff for a fraction of the cost.

Flipping

Flipping is similar to Sniping, but you buy a large amount of auction house inventory with the intention of reselling it on the auction house at a higher price. Therefore, we don’t recommend flipping items that make up a large portion of your total gold.

So basically you just need to focus on crafting materials like Frostweave Cloth, Ores, Dusts and more.

In addition, I would suggest that different classes can flip some unique items in a targeted manner. Because not every item flipped will sell at the ideal price or within the expected time frame.

Resetting

Last but not least is Resetting. After you purchase a specific item from all auctions and put it back at a higher price. Basically, you control the market for that item because you’re the only seller, so it might even cost twice the average price.

It is important to note that purchasing all items from the auction house requires a large amount of gold and is risky. But by selling only a third or half the amount, you can make a profit.

A very important part of this approach is to be patient when reselling in large quantities. It won’t be sold immediately.

Also, don’t invest all your gold in one item. Be creative, shop in different ways, try some new auctions. You never know, maybe you invent some patterns along how will make you very rich in a brief period. Timing is key!

Conclusion

Because of the high number of online players during the weekend, the auction house is packed with auction items and players. So doing Flipping and Resetting only on the weekends and Sniping from Monday to Friday might be very good in the long run. But it also depends on how many players are doing the same thing as you. Good luck!