Sovereigns, what value will they get in gold on Siege

[FrejaSP]

What will an item that cost 100 Sovereigns in the store be worth in gold? Could be one charge of Forged Metal tools.

 

[Eärendil]

One Soulstone costed about 5-6 millions on Siege - and 8 € in the shop. Now the soulstone is available for 10 €, which means, a Soulstone would cost about 7 millions. My guess...

 

[FrejaSP]

Ok I will check how many Sovereigns a soulstone do cost, when I get home. If a soulstone cost 1000 Sovereigns, it will mean 1 Sovereigns = 7k gold and one charge of forged Metal tools will be 700k gold if I can count.

 

[Eärendil]

Yea, 1000 Sovereigns for 1 Soulstone. Which is quite unfair, because before the shop they would have costes 8 € / $ only

 

[Planters]

What is a sovereign?

 

[DJAd]

What is a sovereign?

Ultima Store – Ultima Online

 

[GarthGrey]

Wonder how many sovereigns I can fetch for my account, or if stratics will allow that kind of talk with the new store changes ?

 

[Planters]

Don't you have to buy the sovereigns for cash or is there a way to earn them that I am not seeing?

 

[GarthGrey]

Yes, you purchase the code for the sovereigns through the store. What you do with that code is up to you. ;-)

 

[FrejaSP]

My question was more, what would a item, I buy for 1000 sovereigns sell for in gold.
I know I can't sell sovereigns, but maybe I need gold and buy a soulstone token and want to sell it for gold.

 

[Revvo]

It actually works out more expensive to buy the largest package of sovereigns over some of the smaller ones..... At this point you have to believe Broadsword/Origins are just trolling you all.

 

[GarthGrey]

My question was more, what would a item, I buy for 1000 sovereigns sell for in gold.
I know I can't sell sovereigns, but maybe I need gold and buy a soulstone token and want to sell it for gold.

I would think one could easily purchase a code for 1000 sovereigns and then sell that code (which would be used by the person buying it) ingame for gold. that's no different than buying a code for a legacy token, and then selling that.. the problem is, some Siege'rs (no names) have devalued what used to be a solid bet, the value of legacy tokens when purchased at the regular price, which we all used to rely on to keep the value of Siege gold at a constant unlike production shards.

And let me explain further to avoid any argument. There was a time when legacy tokens sold for 8-10 mil, all day every day. The 8 is people that needed quick gold and offered a slight discount, the 10 was the normal fair price value we all used to stick to. Then one day Origin had a sale, and someone bought Legacy tokens and sold them cheap. nothing wrong with that, you bought a legacy token for 4.99 instead of 9.99 and sold them for around 5 m. But now, people have come to believe that legacy tokens are now only worth 5 mil, which is wrong, of course, in my opinion. Someone said, just last week or so that "they bought one last week for 5 mil ". A fully priced 9.99 legacy token (or in the case of the new store, Soulstone token, because Shroud or mount aren't worth 10m) should still be worth 8-10m, which would mean 1000 sovereigns, again in my opinion, should be worth 8-10m siege gold.

 

[FrejaSP]

Yes I too believe 8-10 mill for an item worth 1000 sovereigns sounds right, special with the price on EU Origin shops.

 

[Eärendil]

I would think one could easily purchase a code for 1000 sovereigns and then sell that code (which would be used by the person buying it) ingame for gold. that's no different than buying a code for a legacy token, and then selling that.. the problem is, some Siege'rs (no names) have devalued what used to be a solid bet, the value of legacy tokens when purchased at the regular price, which we all used to rely on to keep the value of Siege gold at a constant unlike production shards.

And let me explain further to avoid any argument. There was a time when legacy tokens sold for 8-10 mil, all day every day. The 8 is people that needed quick gold and offered a slight discount, the 10 was the normal fair price value we all used to stick to. Then one day Origin had a sale, and someone bought Legacy tokens and sold them cheap. nothing wrong with that, you bought a legacy token for 4.99 instead of 9.99 and sold them for around 5 m. But now, people have come to believe that legacy tokens are now only worth 5 mil, which is wrong, of course, in my opinion. Someone said, just last week or so that "they bought one last week for 5 mil ". A fully priced 9.99 legacy token (or in the case of the new store, Soulstone token, because Shroud or mount aren't worth 10m) should still be worth 8-10m, which would mean 1000 sovereigns, again in my opinion, should be worth 8-10m siege gold.

Good point!

 

[TheDrAJ]

Well I agree with garth and also disagree. Tokens are worth whatever someone will buy them for. If someone is selling at 5 people will buy at 5. If 10 is only price - people will pay 10 if they really want one. The 5 actually came from 1st year vet rewards costing about 4-5 mil and people taking a commodity box instead of a soulstone. Going to 10 will make sure more people redeem for a red soulstone instead.

If no one buys at 8-10 the price will drop. period. If people snap them up at that price - the price might go much higher for one say 10-12 to start.