The cat was just sprung out of the bag on a major change with the next patch. You remember those Timeless Coins that you have a couple of hundred thousand of extras? No one wants to buy your Harmonious Porcupette from the AH. So your stockpile of coins is sitting there just wasting away.
With the next patch (5.4.8) our best Timeless Coin merchant, Mistweaver AI is about to unleash a new coin. The Coin of Valor will cost 3000 Timeless Coins (what it costs on the PTR currently) and will give you 100 Valor Points. Valor points can be used for multiple items including upgrading any gear that you currently have, future gear upgrades and some BOE valor items found on the different vendors in Stormwind/Orgrimmar.
But before you rush out and buy all of those BOE gear to drop on the AH. With the next patch you will be able to upgrade all of your items another 2 levels (4 upgrade levels total). This includes those Bind On Account gear from smacking Garrosh around. This should put a lot of players into being able to accomplish more with their raiding SOO. The more equipment players are able to obtain, the more chances to purchase your enchants and enhancement items from the Auction House.
There is also a chance that this will impact the Blacksmithing and Leatherworking crafting items. Leatherworking and Blacksmithing have belts for healing, casting dps and melee/ranged dps. Beets are particularly annoying to have dropped in SOO. So to complete a powerhouse set players are going to be looking for these items at a reasonable price from the Auction House.
Most changes in the economy and sales of coins/valor points have a rippling effect across a server economy. So watch for trends in the gear and item enhancement market and be ready to spring into action to ride the wave.
This is all on the PTR could be changed pretty quickly. Especially the cost of the Coin of Valor. 3000 coins are very easy to farm from the island (kill two elites on the island and your netting 2 to 3k coins) so I won't be surprised if this raises a little higher. Either way this will be an excellent way to drop your timeless coins into something profitable and useful.
Good Luck and Good Hunting
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