Table: Estimating Magic Item Gold Piece Values

Effect

Base Price

Example

Ability bonus (enhancement)

Bonus squared x 1,000 gp

Gloves of Dexterity +2

Armor bonus (enhancement)

Bonus squared x 1,000 gp

+1 chainmail

Bonus spell

Spell level squared x 1,000 gp

Pearl of power

AC bonus (deflection)

Bonus squared x 2,000 gp

Ring of protection +3

AC bonus (other)1

Bonus squared x 2,500 gp

Ioun stone, dusty rose prism

Natural armor bonus (enhancement)

Bonus squared x 2,000 gp

Amulet of natural armor +1

Save bonus (resistance)

Bonus squared x 1,000 gp

Cloak of resistance +5

Save bonus (other)1

Bonus squared x 2,000 gp

Stone of good luck

Skill bonus (competence)

Bonus squared x 100 gp

Cloak of elvenkind

Spell resistance

10,000 gp per point over SR 12; SR 13 minimum

Mantle of spell resistance

Weapon bonus (enhancement)

Bonus squared x 2,000 gp

+1 longsword

Spell Effect

Base Price

Example

Single use, spell completion

Spell level x caster level x 25 gp

Scroll of haste

Single use, use-activated

Spell level x caster level x 50 gp

Potion of cure light wounds

50 charges, spell trigger

Spell level x caster level x 750 gp

Wand of fireball

Command word

Spell level x caster level x 1,800 gp

Cape of the mountebank

Use-activated or continuous

Spell level x caster level x 2,000 gp2

Lantern of revealing

Special

Base Price Adjustment

Example

Charges per day

Divide by (5 divided by charges per day)

Boots of teleportation

Uncustomary space limitation3

Multiply entire cost by 1.5

Helm of teleportation

No space limitation4

Multiply entire cost by 2

Ioun stone

Multiple different abilities

Multiply higher item cost by 2

Helm of brilliance

Charged (50 charges)

1/2 unlimited use base price

Ring of the ram

Component

Extra Cost

Example

Armor, shield, or weapon

Add cost of masterwork item

+1 composite longbow

Spell has material component cost

Add directly into price of item per charge5

Wand of stoneskin

Spell has XP cost

Add 5 gp per 1 XP per charge5

Ring of three wishes

Spell Level: A 0-level spell is half the value of a 1st-level spell for determining price.

1 Such as a luck, insight, sacred, or profane bonus.

2 If a continuous item has an effect based on a spell with a duration measured in rounds, multiply the cost by 4. If the duration of the spell is 1 minute/level, multiply the cost by 2, and if the duration is 10 minutes/level, multiply the cost by 1.5. If the spell has a 24-hour duration or greater, divide the cost in half.

3 See Body Slot Affinities, below.

4 An item that does not take up one of the spaces on a body costs double.

5 If item is continuous or unlimited, not charged, determine cost as if it had 100 charges. If it has some daily limit, determine as if it had 50 charges.

MAGIC ITEM GOLD PIECE VALUES

Many factors must be considered when determining the price of new magic items. The easiest way to come up with a price is to match the new item to an item that is already priced that price as a guide. Otherwise, use the guidelines summarized on Table: Estimating Magic Item Gold Piece Values.

Multiple Similar Abilities: For items with multiple similar abilities that don’t take up space on a character’s body use the following formula: Calculate the price of the single most costly ability, then add 75% of the value of the next most costly ability, plus one-half the value of any other abilities.

Multiple Different Abilities: Abilities such as an attack roll bonus or saving throw bonus and a spell-like function are not similar, and their values are simply added together to determine the cost. For items that do take up a space on a character’s body each additional power not only has no discount but instead has a 50% increase in price.

0-Level Spells: When multiplying spell levels to determine value, 0- level spells should be treated as 1/2 level.

Other Considerations: Once you have a final cost figure, reduce that number if either of the following conditions applies:

Item Requires Skill to Use: Some items require a specific skill to get them to function. This factor should reduce the cost about 10%.

Item Requires Specific Class or Alignment to Use: Even more restrictive than requiring a skill, this limitation cuts the cost by 30%.

Prices presented in the magic item descriptions (the gold piece value following the item’s caster level) are the market value, which is generally twice what it costs the creator to make the item.

Since different classes get access to certain spells at different levels, the prices for two characters to make the same item might actually be different. An item is only worth two times what the caster of lowest possible level can make it for. Calculate the market price based on the lowest possible level caster, no matter who makes the item.

Not all items adhere to these formulas directly. The reasons for this are several. First and foremost, these few formulas aren’t enough to truly gauge the exact differences between items. The price of a magic item may be modified based on its actual worth. The formulas only provide a starting point. The pricing of scrolls assumes that, whenever possible, a wizard or cleric created it. Potions and wands follow the formulas exactly. Staffs follow the formulas closely, and other items require at least some judgment calls.