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By Snoopy_0418
#193334
does anyone know what the value of the various ore blocks are? (Iron, Redstone, Lapiz, Etc.)
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By dlgn
#193335
I like to say that they're worth however much you can get someone to pay for them. However, specifically, there are common price ranges.

Diamonds are worth around 100rc each, so diamond ore, which can produce 2.3 diamonds on average when mined with a Fortune III pick, is generally worth 220-230rc. The price would go down a bit because one would need a Fortune III pick, but back up because you're getting the ore itself (which can only be obtained using a Silk Touch Pick) rather than the results, which gives the option to use either, and they pretty much cancel out, or possibly go up or down a tiny bit, depending on the ore.

You can apply that in general. For example, Redstone mined with a Fortune III pickaxe gives on average 10.35 per ore, I believe. I don't know how much redstone is worth these days, but it used to be worth around 50rc/stack after the Redstone Update. So 50rc/stack*10.35/ore=517.5 per stack of ore. So, it's worth about 500-520rc per stack.

Note that this doesn't apply to iron or gold ore, which can be mined normally, without a Silk Touch Pickaxe, and are therefore less valuable.

But these prices are highly variable and depend on why the person wants the ore, what projects are going on, the specific type of ore, how willing the person is to pay a higher or lower amount, etc. just like in a real market. So use this method as a guideline, but not as a strict instruction.

~dlgn

p.s. Diamonds have the most reliable price. These days especially, they're worth pretty much exactly 100rc each, to the point where people are willing to accept them as currency instead of credits, and wealth is generally measured in RDC (which includes realms, diamonds, and credits).
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