Hi, today I was ingame, and I noticed that Elytra prices had gone way up due to demand, even though the end just reset, and supply increased dramatically. Prices were around 80K one or two weeks ago and are at 250K last I was online (a few hours ago). I thought it would be useful to have a thread to keep track of how much Elytras and Totems of Undying (Upcoming 1.11) are worth. (Totems would be worth a lot, since you wont die if you hold it; See http://minecraft.gamepedia.com/Totem_of_Undying for more info) Current Value: Elytra: ~150-250K (As of late October) (Is this about right? Comment below if this is not accurate.) Totems: Not yet available.
An elytra is not worth and never will be worth 250k. If i'm not mistaken the first one on the server prior to the end being released went for around this price however we have had at least 30 added to the economy since then and as you correctly mentioned they sold for 60-80k last reset. My advise would be to hold out and the price will come down. I do know @matrix_rep paid 175k for one today if that helps. I personally think they are worth around 100 - 150k at the very most. As for totems I can't comment as I had heard nothing about them until now.
There is a reason for that. (It isn't released yet. See 1.11, The Exploration Update) http://minecraft.gamepedia.com/Totem_of_Undying
I bought my Elytra for 200k a few days before the reset. Elytra prices always go up after the reset, because most of the ones found are bought by other players.
I know that a few of my friends have been buying them around 150k each. I think the 250k price is what people want to sell them for. Not sure how many can afford that. They can usually be found for a lot less with a little patience.
Lol well off timing but I have a sign up in the warp room at "/warp coco" selling elytra a for 250k... So you know... If y'all looking... Sorry not trying to advertise, just good timing...
