Gold Making Guide for The Elder Scrolls Online

We finally got an awesome gold making guide for The Elder Scrolls Online courtesy of Caps_Game_Mods, an EU player and GuildMaster to Ebonheart Pact guild ÉireBor. Below is his YouTube video and written Guide and he thought this would be a great place to share some of his tips.  Before jumping into this guide, however you might want to check out clothing guide and crafted sets.  Also please feel free to leave comments for him as he will be able to reply as an author.

 

 

I am no stranger to MMO’s and that means I have had a lot of experience in finding out the best ways to earn whatever the currency is for whichever MMO I am playing and I have played a lot. Taking all my 20 years experience and putting it into this guide for The Elder Scrolls Online will hopefully help you to earn gold in a fast and constant manner.

 

Table of Content

 

Player Level

It does not matter if you are a veteran ESO player or if you have just logged in for the first time this guide will help you.  I will be making this tutorial aimed at new players but the method is no different for veteran players. I am an EU Ebonheart Pact (EP) player so this guide will mainly be for areas of the EP but just replace EP areas for your own Faction.

 

Key Points

  • I will be focusing on telling you how to get the materials needed and the best ways to get them and the manner in which to use them to get the most out of them.
  • How to monitor your sales and keep them updated.
  • How not to fall into the extremely long research trap.

Step 1 – The Research Items Needed

ESO Trait Graph

Trait Items   

At a low level you won’t have access to many rare trait items so the way I found to get your hands on some early on is to look into your guild bank and ask a moderator if s/he can give some to you… If this is not possible for you, you can always look in the Guild Store and the other Guild Stores you find scattered around your faction.  You will always find cheap trait items because a lot of players don’t realize the price the items will actually sell for so this is a good thing for you to take full advantage of.


Step 2 – Learning the Traits

Do not get tied down learning multiple traits for the same item type like a Restoration staff for example because all you will do is make the research time multiply for every trait you learn.  So learn one trait from Restoration staff than move on to fire Destruction staff.

All you need to do is when you have a rare trait learning like Light armor gloves with impenetrable trait focus on your other items until you have one item learned in all item types.. Robes, Shoes, Gloves Hat, Breeches, Epaulets and Sash then you can worry about the second item in the item types. Every time you learn a trait for an item type the research time doubles as shown below.

trait picture onetrait picture two

A word to the wise, get all the research passives in the clothing skill line like Stitching in clothing as soon as you can to reduce research time and to research up to three items at once.  More on clothing passives here.

A nice trick to hasten your craft skill level up is after you are done in an area.. take all the items you will not be researching (bank the ones you will be even if it will be a while until you can) and deconstruct or decon (non research items only) them all. If you have a higher level alt you can bank the items the higher level character loots and decon them with your crafter for more craft xp (inspiration).


Step 3 – Materials needed for Crafting

Racial Style Material

At this stage of the game us veteran players have accumulated so many racial style materials it is the perfect setting for you to again take full advantage of. Pretty much if you look into any guild trader you will find stacks of racial materials for next to nothing so buy buy buy when you can. You will also get some via the deconstruction method above in Step 2.

Crafting Material

  • I will say this once.. NEVER buy raw Materials because they are too expensive so always buy refined materials… They will be listed in guild stores as material.
  • You should always use the base materials like Jute, Rawhide, Sanded Maple and Iron Ingots because they take less per item crafted and are usually the cheapest to buy later on when you have started earning gold.
  • At the beginning you will probably need to farm it yourself and we will be using Jute which is refined from Raw Jute (picked from the Jute flower) at a Clothing Station, Rawhide which is refined from Rawhide Scraps (kill animals) at the Clothing Station, Sanded Maple which is refined from Rough Maple (chop wood on the ground in starting areas) at the Woodworking Station or Iron Ingots which is refined from Iron Ore Nodes (mined on the ground in starting areas) at the Blacksmithing Station.

Farming Locations

  • Farming Jute, Rawhide and Iron Ingots – One of the best places I have found at the beginning is Bleakrock Isle. It is the training area for the Ebonheart Pact accessed via a quest at the docs in Davon’s Watch. Similar quests should be available for the Daggerfall Covenant and Aldmeri Dominion.
  • Rawhide can also be obtained easily in the Crow’s Wood Delve in Davon’s Watch… just farm the wolves.
  • Iron Ingots and Jute can also be obtained easily in Bal Foyen another Pact starter area after Bleakrock Isle.

Step 4 – Finding Trading Guilds

First off drop any non trader/dead guilds you are a member of, If you have a social guild that’s ok but the ones you use as space fillers can be used to make you a lot of gold.

I know it won’t be fun but if you use the zone chat and ask for large trader guilds to invite you and as soon as they do go and check their member quantity and where their trader is located. If it is in an area like a swamp somewhere in Shadowfen and is empty then leave it and start again. You need traders in key cities like…

[ap_column_wrap]
[ap_column span=”2″]

Ebonheart Pact

Riften in The Rift

Mournhold in Deshaan

[/ap_column]
[ap_column span=”2″]

Aldmeri Dominion

Skywatch in Auridon

Elden Root in Grahtwood

[/ap_column]
[ap_column span=”2″]

Daggerfall Covenant

Daggerfall in Glenumbra

Wayrest in Stormhaven

[/ap_column]
[/ap_column_wrap]

I only have two traders in key cities and one in a big city and I usually get between 16-30k daily.


Step 5 – Crafting the Items

Research

  • Don’t go all crafting crazy and make whatever item u can… you have to put in a little research.
  • Go to the guild traders in your area.. especially the ones closest to the guild trader/s your trading guild/s is using and try to get a feel for what is selling and focus mainly on the opposite and write the items not being sold down.
  • The pattern I’ve noticed is when the same items are always listed everyone seems to only sell those items and I think this is because they are common and only see them for sale and this is extremely good for you because it means no one is selling the item’s that you will be crafting which means you will have NO COMPETITION.
  • The RARE traits you have been learning (that are listed in my ÉireBor Sales Table below) are the ones that no one is selling 99% of the time.
  • Now you know what items to craft, all you need to do is craft them.

Time to Craft

  • Make about 6 (testing the market) of each item you have determined is rare in your area that you will be selling.
  • example.. 6 x Training Frost Staff, 6 x Impenetrable Light Sash, 6 x Defending 1 Handed Sword.

Step 6 – Sales

Estimating Sale Price in Guild Stores Using My Sell Fast and Frequently Rule

  • Go and look at your Guild Store/s,
  • Click on a Trader and search for one of your crafted items. I will use one of my examples from above for my SELL FAST AND FREQUENTLY RULE…e.g. Training Frost Staff
    • If you see none then put it up for sale for No more than 699 Gold.. DO NOT GET GREEDY.
    • If it is dearer than 699 then again put it for sale for 699 Gold.
    • If you see one already for sale and if it is a little +/- of 699 like 600 or 750 then undercut it a little if it is.
    • If it is really cheap like 200 then mark it down somewhere and keep an eye on it because it may be a fluke or that item may be common in your Faction or Server.

Make sure and stick to my SELL FAST AND FREQUENTLY RULE above and you should be fine.. oh and RICH.


Step 7 – Checking Sales

  • I know it may be boring or even hateful but you need to do this.
  • Log in as soon as you can in the morning/afternoon and check sales and replace any that have sold.
  • Repeat this for the evening/night.
  • Twice per day maximizes gold earnings… For me that’s a difference between 16k and 30k gold earned per day and that’s the truth.

I hope you enjoyed my tutorial/guide and you can follow me on Instagram, YouTube and Twitter @caps_game_mods or find me in game on the EU server and now also NA server @Captain_Slow. My facebook: caps game mods. Links are also on my YouTube Channel.

9 Comments

  1. dobry serwis komputerowy lubin on March 16, 2015 at 5:38 am

    Hi there, constantly i used to check blog posts here in the early hours in the dawn, for the reason that
    i love to learn more and more.

  2. QuendiX on March 16, 2015 at 7:45 am

    Learning and selling trait items is only one Little part of making in game money. Other easy way to make money is to spend points in hirelings and selling Upgrade mats or farming chests and decon items and sell Upgrade mats or farming mats, refine them and then sell refined mats and Upgrade mats from refining, making food and selling greens to vendor, blue/purple to players or farming herbs and selling them, farming nirncrux trait stones and selling them – there is mamy ways to earn money.

    • Caps_Game_Mods on March 16, 2015 at 1:03 pm

      Hi QuendiX and thanks for your comment. I totally agree, there are many ways to make gold in ESO. I however have found this to be A. The cheapest on time and B. The most profitable per hour. After 1.6 hirelings have been nerfed and I don’t see the turnover I used to from them. I use provisioning and gear crafting for my guild so I use pretty much all mats I find for them. The bottom line is with this method I make the most gold (100k/week) with the least amount of mats. I hope you enjoyed my tutorial.

  3. QuendiX on March 16, 2015 at 3:53 pm

    I must admit, I sell trait items only if someone will shout in zone chat, and mostly for around 400g/ea. I’ve got 7 alts with hirelings (only 1 point in BS,CL, WW) and I receive few purple upgrades mats every 24h and from time to time gold too – but I’m not selling upgrade mats, because I like to keep them for myself so I have no idea what is the income right now.

    From some time I’m farming nirncrux, and while I’m on spot I’m farming herbs too in effect I’ve got raw mats which You can refine and get upgrade mats, after refining I’m selling mats for 2.400g per stack of 200. I’ve got stacks of herbs (bugloss, mountain flower, columbine ppl was buying even for 180g/each – count it 😛 ) and crux (11K/15K each) for sell. I’m getting around 200-300/weekly but to make those money I need to spend hours in farming area. Plus is while farming I need to fight with mobs so it’s kinda of little grind too. I’m only VR6 but I’m already preparing gear for time when my char will reach VR12-14. I become collector of gears 🙂 I already have full VR12 Warlock set with 2 Blue VR12 rings (one I buyed before drop nerf for some funny 15K, another for 430K). Only in last week I spend around 250K buying PvP set pieces like Desert Rose (already I buyed all 5 pieces of VR14) and Arch-Mage.

    Anyway thanks for advice cause Your way of making money is like passive income ;). I have already most of all traits (I’m in the middle od researching hirnhoned traits right now) so I can easily make trait items from hirelings mats and put them in guilds stores.

    Greetings
    @QuendiX

    An’Yaevarn – VR6 – Templar DPS – (NA)

    • Caps_Game_Mods on March 16, 2015 at 4:05 pm

      Thanks again QuendiX for your message.
      That’s my point exactly. I can make about 200-300k weekly too but it’s the time and effort factor. The way I have chosen is smooth and constant without the endless hours of painful farming.

      I’m adding the Legerdemain skill to my income generator so maybe it will increase more while having fun too.

  4. Keith on March 16, 2015 at 9:18 pm

    This is very useful advice – thanks for taking the time to put this guide together 🙂

    • Caps_Game_Mods on March 16, 2015 at 10:03 pm

      Thanks for the comment Keith, glad you found it useful.

  5. Jack on March 18, 2015 at 10:37 pm

    Thanks for the guide. One thing that isn’t clear to me is accumulation of trait stones. Are you buying trait gear to decon (which doesn’t always net the trait stone), or are you buying the trait stones? Making 6 stacks of several different armor pieces I will run out of Impenetrable trait stones fast.

  6. Caps_Game_Mods on March 18, 2015 at 11:22 pm

    Hi Jack and thanks for your comment. To level the craft itself I decon all the items I will not be researching. Trait stones will be accumulated but not as many as you will need so go to trader guilds and buy stacks (used to be 100 now 200 per stack). They are cheap (I buy them for about 100-500 gold for armour/weapon traits and 500-1k for really rare like weapon training trait stones) and use them.

    Impen was an example, there are many other uncommon traits to learn also. Remember to study your traders to learn the ones in your zone. I hope this helps.

Leave a Comment