Item: 1 Double Chest of Powered Rails
Starting Price: $200,000
Price Increase: $1,000
Buyout Price: $350,000
End Of Auction: When I see fit.
Hello All,
I have recently just finished ripping up all of my railroad tracks as nether portals have been fixed so I am able to travel on my property with portals. I have no need for all the powered rails that I have so I am auctioning off. If you do not believe my price is fair view my math on it below. Thank you and good luck bidding. *Note: I reserve the right to end the auction at any time and reopen it if I close it.*
Math:[spoiler]
1 Chest = 54 Slots
54 Slots x 64 Rails = 3456 Rails
1 Gold To A Rail
3456 Rails x $75 = $259,200
1 Redstone To 6 Rails = $1k (rough estimate)
Estimated Value = $260,000[/spoiler]
powered rails contain 6 gold ignots
Quote from: zwaan111 on January 24, 2013, 06:21:31 PM
powered rails contain 6 gold ignots
making powered rails yields 6 rails so 6/6 = 1/ea....
i can't deny ur math.... that's certainly roughly the value of the mats... but i would argue that by turning them into powered rails severely deprecates the value of them, and here's my reasoning
1) i can't sell powered rails to the market, i'd have to find a buyer like u are doing. (no easy sell value)
2) not many people need a a stack of powered rails, let alone a double chest. (low demand)
3) most people on the server don't have more than 100k. (small customer base to sell to)
of course since i'm building a subway on member world i happen to have a need and the money for a double chest of powered rails, but at full market value of the mats i have no interest in buying them it's more cost effective to farm the gold and sell other things like iron/redstone i find on the way.
i don't suppose you'd be willingly to donate them to my subway huh? ::)
or at the very least try to come to some kinda fairer deal?
that is of course if someone doesn't make you a better offer in the mean time.....
Quote from: tiggy26668 on January 24, 2013, 06:36:10 PM
Quote from: zwaan111 on January 24, 2013, 06:21:31 PM
powered rails contain 6 gold ignots
making powered rails yields 6 rails so 6/6 = 1/ea....
forgot that :P, but the value of the ignots halves or drops even more when you make them into powered rails. and not many people need thos (maybe you can sell then to chief for his railway project).
Tiggy,
Im gonna give it unti tuesday but if no one bids perhaps we could negotiate? I could maybe bring the price down but I can't afford to donate the sorry.
Price Lowered to 200k
I would be willing to buying 32 pr 64 power rails....could we devise a price?
Sorry im selling the chest as a whole
Oh ok....If you must.
I bid 1K XD
Quote from: High Roller on January 24, 2013, 04:49:49 PM
Item: 1 Double Chest of Powered Rails
Starting Price: $200,000
Starting price is 200k