Arknath
First Post
Arknath - i don't recall Tome & Blood being a Core book. I'm reffering to going by the DMG, page 246
No need to be snide, man.
Adding New Abilities
A creator can add new magical abilities to a magic item with no restrictions...
If the item is one that takes up a specific space on a character, any additional power added to that item dobules the cost. For example, if a character adds the power to confer invisibility to her +2 ring of protection, the cost of adding this ability is the same as for creating a ring of invisibility multiplied by 2.
Everybody seems to overlook this section, but it clearly says that items with multiple abilities cost the original ability + twice that of each additional ability.
ie.. The total cost of the item in the above example would be that of a +2 Ring of Protection plus twice the cost of a Ring of Invisibility.
Obviously you're the DM and I'm not going to argue with you, if that's the way you want it, but I will express my opinion of your statement in an attempt to defend my reasoning.
I STRONGLY disagree with you on the clarity or the interpretation of the passage you quote. First of all, it applies to items that have already been created, not items being created from scratch.
Second, it says that "an item with additional powers doubles the cost" not "an item with additional powers doubles the cost of the item in addition to its base price". The ring of invisibility example is a clear demonstration of that. It uses a ring of protection +2 and ring of invisibility combination stating that the total cost of the ring is twice as much as a ring of invisibility because the invisibility power of the combined item is the more expensive part.
This would mean that the ring of invisibility and protection +2 would cost 40,000gp instead of 36,000gp, as it would be under your interpretation. Here, your interpretation is better for the player, but when you do the same thing dealing with hundreds of thousands of gold peices it goes against the player character.
Finally, if you want to get REALLY technical, the sidebar on page 243 of the DMG states (second paragraph, line 9) "For items that do take up a limited space (such as a ring or a necklace), each additional power not only has no discount but instead has a 10% increase in price. A belt of Strength +4 and Dexterity +4 is more valuable than a belt of Strength worn with gauntlets of Dexterity since it only takes up one space on a character's body." Therefore, the cost of such an item should be 33,600gp instead of 32,000gp.
This is my attempt at an "appeal" to the DM and maybe some of the other players can correct me/back me up if my interpretation is incorrect/correct. I am not trying to be a rules lawyer, but I am using the same methods of pleading my case as you did in stating yours.

*insert disclaimer about how I'm not questioning the DM's authority just trying to clarify a rule, blah blah blah...*
Edit: Upon further discussion with some friends/fellow players it seems that I have been doing ALL of my item creations wrong since playing the game...give me a few to go over all of my items and see if they are still correct...sorry for the confusion...
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