Today I bought 10 Stacks of Queen's Garnet for 150k gold (that's 750g per gem). Initial asking price was 900 gold, in the AH on my server you can find uncut Queen's Garnets from 1100g upwards. So the offer wasn't THAT great.
Only a few hours later 9 yet uncut stacks were removed from my bank by a GM. He sent me a mail with explanations and refunded me the gold for the 9 stacks (135k). The one stack that I already cut and partially sold was untouched by this action.
It's good to see that Blizzard is taking actions against these things, though I don't know if they know for sure that those items were duped, or if they just assume it due to supposed rarity and actual quantity people buy / sell. Good thing anyways, but I guess it's diffcult to buy epic gems now, since you never know if it turns out to be a waste of time, or even worse, you as the buyer get also punished. I hope they fix the dupe method soon, instead of only cleaning up after the damage was done.
Btw. I hope I don't violate any other Blizz rules by sharing this story.
/edit and my answer to the discussion this thread caused:
It seems like some of you think that this story is made up, due to the spelling errors in the official GM mail. You're entitled to believe whatever you want, this thread was presented by me as a fact, as something that happened to me and as a piece of information for those who are interested. I still have that mail in my mailbox, though of course I won't permint anyone to access my account to prove that this is real. It is of no particular importance to me whether some of you want to believe this, or whether some of you want to believe in an alternative truth.
I've also noticed that a few readers would have rather seen those who buy such things also banned, instead of refunding them the gold. I used the in-game trade system as it is intended by Blizzard, I did trade in-game currency for in-game items. It is not my business nor my responsibility to "smell" whether the goods other people offer are legit or not. These items are stored and created on the servers of the game company, if they can't fix inconsistencies, I won't play detective and fix it for them. So as a buyer I should use common sense? If someone sells 200 red epic gems it's fishy right? What about 50 red gems, or 20, or 10? Where is the limit? What if he distributes them in the AH, under different names in different stack sizes for slightly different prices? Right, then even YOU would buy the quantity you need. If it is a known fact that red epic gems are amongst the prefered dupe targets, then anyone of you is guilty who is using non selflooted epic gems, especially if they are from the AH or trade chat. Look at that one of my stacks that did not get deletet, I sold those in the AH, not more than two at a time... I bet even those of you asking for a ban would have bought one of those. That's as "guilty" as I am.
I am close to 4 million gold revenue from the AH since I started doing business there last december, a bit less than 50% of that is profit. It's normal for me to buy raw materials for tens of thousands of gold at once. I'm saying this, as some people wonder why someone would ever buy 200 epic gems. If I see the opportunity to make a good deal, I'm gonna do it, that's normal "AH goblin" behavior.
What's my opinion on this? That guy was selling 15 stacks, I didn't buy all of them for one single reason: I was afraid not being able to sell all of them before the price drops below the sum I paid for them. Did I know that this offer is fishy? I considered it, I definitely did not exclude this possibility, but as already stated above, it's not my business to judge this. I was deliberately willing to take the risk, especially that these epic gem duping rumors were around since patch 4.3 was released, and that's quite a while now. I was assuming that meanwhile this company was in control of such inconsistencies, but in fact I did not care. Not my business. I didn't do anything that's against the "laws" of this game.
The reaction I received to this from an official Blizzard GM? It's good what he did, it's good that the gems got deleted, it's good that I got my gold refunded. There's one thing I do not agree with, and that is that subtle little warning he gave me, saying that they can also suspend players involved in this. Do we have to know drop rates and normal market volumes of certain items by heart? Should we get banned for using the trade system in a way that it is intended? Should we know about all fishy things there are in this game? I never raid, though I knew that the epic gems were related to DS raid as an exclusive source, and yes I did know that this deal might be fishy, but I would not expect this from anyone else, nor would I ask for a ban for those who bought such gems.