Lotro Gold explained: where to get gold, LOTRO money denominations, currency exchange (video)

This LOTRO vid tutorial explains few matters re LOTRO currency:

what kind of currency is used in LOTRO,
LOTRO Money denominations (Copper, Silver and Gold),
how to make money, how to buy Lotro Gold at virtual currency exchange,
how to learn how much Lotro Gold you have (Character Panel shows your available cash),
how to earn money (finishing quests, taking coins off enemies, selling items you got/crafted in game or bought offline), how to I sell items (via the Auction House, to a vendor \a non-player character\, by trading stuff with another player character),
how to sell items to an NPC vendor,
how to buy items from a vendor.

The Auction Panel and The Shopping Panel are explained in details, too.

Duration: 04:57
Size: 8.4 Mb

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How to buy or sell LotRO Gold

You ever wondered where to buy lute - or how to buy lute - in LotRO? Me too. Today I got to know that I dont necessarily need to gain points - I just can buy it...LOTRO Treasures - virtual currency exchange site for selling/buying your LOTRO Gold - became 16th site in Robert Kiblinger's virtual currency exchange empire which registers more than 1 million visits a month. No wonder it got mentioned in Forbes Magazine, Wired Magazine, Washington Post, LA Times, Boston Globe and so on.

Like a rapidly growing number of online merchants, Kiblinger traffics in virtual goods that exist only in the realm of Internet-based games such as Lord of the Rings Online and others. The 34-year-old Kiblinger says he makes more money selling nonexistent merchandise than he did as a chemist at Procter & Gamble. His six-figure salary is enough to support his wife and toddler son and a house in a gated community in Daniels, W.Va.

Some enterprising vendors employ dozens of people who do nothing but play online games to collect items for sale - how can an average single player stand such companies?

Lord of The Rings Online, which charges a monthly fee of $9.95 to play, allow players to live out fantasies of medieval derring-do. As they slay monsters and human players, they can collect armor, potions and money that can be used to increase the power of their characters and their status among other players.

Rather than earn that loot through time-consuming quests, though, a growing number of players visit online shops such as Kiblinger's and just put it on their PayPal account.

Not every fan who plays LOTRO is willing to spend a year meticulously maintaining a virtual career to attain the cool powers of an advanced Dwarf. And as the average age of gamers rises, more are finding themselves with intrusive real-world lives. They have less time but more money.

"I work fairly long hours, plus I have a wife and kids at home," said Doug Robinson, a game fan in Kentucky, who said via e-mail that he has bought and sold game characters and currency in online games. "I just don't have the time to grind for 10 hours a day to get to the fun content in most games, I had rather spend a little real-world cash to get some LoTRO gold."

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