Making gold in The Elder Scrolls Online can be a bit daunting task, especially for newer players. Fear not, as we will explain several effective, yet simple methods of making a steady amount of income while playing through the game's story and multiplayer content. Whether you are collecting money to buy a specific set of expensive equipment, or buy a house of your own (and furnish it), these tips will help you in earning a steady amount of income.
1. Join Trading Guilds
This is the most important tip which will establish your main source of income. You can be part of up to 5 guilds in ESO, so even if you already have a group of friends or are part of a raiding or dungeon-running guild, you still have 3-4 slots left, which you can fill up with various trading guilds. These guilds often advertise themselves in the Zone chats of the different areas, so your best bet is to keep an eye for their ads or state that you are looking for a trading guild.
There are two important factors to consider when joining such guilds – their weekly requirements and their trader NPC's location. Since trading guilds have to bid on the rights to use various NPC traders on every Sunday, the more popular locations cost several millions of gold per week. In turn, the more prominent and successful guilds impose weekly requirements upon each of their members. Currently as of Summerset, these requirements range from sales worth 5,000 gold / week to even 100,000 gold / week.
There are guild trader NPCs scattered across the world, even in remote locations – but the most popular ones are in major cities like Wayrest, Daggerfall, Mournhold, Elden Root and Rawl'kha. Naturally, these ones have the most traffic, meaning it is easier to sell items through them, but the guilds occupying these NPCs might have higher requirements. When deciding to join a guild, consider how much you play and what kinds of items can you usually sell within an average Monday-Sunday period.
Actually putting up items for sale is simple: visit any Banker NPC in any of the cities, and select Guild Store. There, you can browse your guild store's offerings and put up items for sale.
The default Guild Trader windows is very barebones, so a recommended addon is AwesomeGuildStore, which comes with a better UI and some additional, albeit local-only filters. By default, Elder Scrolls Online doesn't even let you filter on item names, but with the aforementioned addon, you can at least filter the currently shown results.
2. install master merchant or ttc
If you play ESO on PC, having either of these addons is a huge help in setting prices and in recognizing items which sell well. Master Merchant reads item prices in all of your guilds, and Tamriel Trade Centre does the similar, but with a crowd-sourcing component, where every user of the addon contributes to a global database. The former addon is easier and simpler to use – just install it and let it do its thing while you play, while TTC requires you to run a separate client software in the background to utilize its capabilities. If you are unsure, just use Master Merchant – it works well enough if you are part of at least 2-3 medium or large trading guilds. The screenshot below shows an example of MM in action – in the cast of Rubedite Ore, according to the last 30 days, it goes for 27g/piece.
3. Level at least one crafting discipline
Even though level itself isn't as important in Elder Scrolls Online as it used to be before the One Tamriel update, most players are at Level 50 and above Champion Rank 160, which means most low-level items don't have a profitable market – Champion 160 items are the ones which can sell really well. Resource nodes for Woodworking (tree stumps), Cltohing (material nodes), Jewelry Crafting (seams) and Blacksmithing (ore) scale to two factors – half of them will be leveled to your character's level or Champion Rank, the other half will be leveled to the relevant crafting skill's current level.
So if your character is level 50 / CP 160, but your Blacksmithing skill is at 1, the mining nodes you see will be split 50/50 with Rubedite (the CP160 ore) and Iron (the lowest level ore). Because of this, even if you don't really plan on researching traits and crafting items, you should still level up Clothing, Woodworking or Blacksmithing. Jewelry crafting is too expensive to level up, and level does not matter for the rest of the disciplines.
If you have Summerset, go visit the town of Alinor and interact with a Jewelry Station to unlock Jewelry Crafting, even if you don't plan to level or use it. The reason is that you can earn quite a few soulbound jewelries from dungeon bosses, and you can dismantle them there, with chances for rare or epic upgrade materials which are also expensive.
Also invest in the Hireling passives for the disciplines you level up – these NPCs will send you items at least once per day via the mail, and sometimes these mails contain yellow (Legendary) items used for upgrading Epic items to Legendary – these materials are expensive and sell really well.
4. Quick guide for what sells in Summerset
Currently as of Summerset, any kind of Jewelry regardless of quality or level can be sold for quite a lot. On the PC-EU server, even white jewelry pieces go for 400-500g/piece, and the epic ones you can get from random daily BGs and Dungeons go for about 1500 / piece. If these items have the Intricate trait on them, you can sell them for even more.
Also, any kind of item with the Intricate trait can be easily sold at guild stores, for about 120-250g/piece – much more than if you just sold them to a vendor. Items with the Ornate trait should always be sold to NPC vendors, since their value is tripled to them and these items are useless otherwise.
The various flowers of Tamriel can also be sold easily – they are always needed by Alchemists for brewing different Potions, so you shouldn't neglect collecting them.
5. Daily quests and thievery
Another quick method of earning some gold is doing various daily quests. The Fighter's Guild, Mage's Guild and the Undaunted all provide 1-1 daily quest each which can be soloed, as those direct you to a public dungeon or a delve. The reward for these is some gold (302g at level 50) and 2-4 sellable white items with the Ornate trait, so one such quest nets you about 700-900g each. All three of these organizations can be found in the cities of Wayrest, Mournhold or Elden Root.
If you have access to the Thieves Guild and the Dark Brotherhood DLC areas, these also have various infinitely repeatable quests, which can be used to make quick gold. For the Thieves Guild, you can just keep dropping the quest to generate another at the Tip Board. Avoid the ones where the objective is to pickpocket 10 citizens or pickpocket 3 specific items – these take too long and the risk of being noticed is too high – instead, go for the Safebox-pilfering quests. Don't forget to sell any ill-begotten goods at the Fence NPC back in the guild hall.
So did this guide help in making a steady amount of gold as you play? If you know of any better methods of earning gold without being a master economist, let us know in the comments!