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Message: <blockquote data-quote="LostSoul" data-source="post: 2636979" data-attributes="member: 386">I eyeball it based on the place the PCs are selling it.  In some hick town in the middle of the wilderness?  Maybe they'll get a couple of chickens for it.  In a metropolis where there is a market for luxury goods and magic item components?  They'll get close to the market value.Here's a question.  When the PHB talks about a 100 gp pearl for Identify, does that mean a pearl with a market value of 100 gp, or a pearl that the Wizard pays 100 gp for?  If market value, then when there is a glut of pearls on the market, do those material components previously purchased suddenly fail to power the Identify spell?  Do items in D&D have a fixed value (15 gp can always buy you a longsword, no matter what the market looks like) or does the value respond to economic forces?</blockquote>