|How much are people willing to pay for extra bag slots? A lot!|
Almost passive gold source
Because all you have to do is purchase some white quality items from a trade goods vendor and a few stacks of Saronite Bars, this method is almost passive source for gold. All you have to do is re list any unsold knives.
What makes Gnomish Army Knives sell is the fact they server as a skinning knife, gyromatic micro-adjustor, arclight spanner, blacksmithing hammer, flint and tinder and a mining pick, it frees quite a few priceless bag spots for many people.
I can usually sell 1-4 Knives a week, unless someone else is selling them aswell. Usually only a couple is posted by each person, because they're just leveling engineering. If they're cheap, it's wise to flip them all in most cases, as more won't be posted 90% of the time by the same person.
Keep the amount of Gnomish Army Knives in the AH to a minimum though. If there's 10 knives for sale, it looks like they're easy to make and a potential buyer will investigate how they are made instead, and perhaps discover that they have engineering on an alt.
I usually keep only 2 for sale and I try to keep the price at around 250-300 gold per knife when no one else is selling. More if Saronite Bars are super expensive. Keep in mind though that most players do not know how much these can be sold for, and will undercut you a LOT.
Gnomish Army Knife
Requires Engineering: 435
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