Originally Posted by JonJonz
Is there anyway for a new player to get some idea of what drops typically have AH value?
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I personally use
AuctionLite which, like many auction house related addons, has a "scan the whole AH" feature, so you can just visit the AH once after installing the addon, start the scan, go make a sandwich or take a nap, and when you come back it will have collected the current AH prices for everything. It will then display that information in item tooltips.
In general, all gray items are vendor trash. Get any of the bazillion "auto sell gray items" addons that are available, so you don't have to click on all of them individually. I recommend
Drop The Cheapest Thing since it will also add an entry on your Broker bar (eg.
Bazooka) or minimap if you don't have one that you can click to delete the least valuable item in your inventory, which is helpful if your bags are filling up when you're not near a vendor. By default it will only delete gray items and food/potions that you've outleveled, and it shows you on the bar and/or in the tooltip what will be deleted.
White items are generally consumables (food, drink, and potions) crafting materials (eg. cloth for tailoring and first aid, meat and vegetables for cooking). Cloth is valuable at all levels. Dropped consumables and non-cloth crafting materials are generally worthless, so if you're not going to use them yourself, just vendor them.
Green and higher items are almost always valuable. Gems and the Primal/Eternal/Volatile elemental things will always sell on the AH. If you have enchanting, just disenchant all the green equipment you get, since it's easier to sell the dust and shards than the items themselves; check the AH before disenchanting any blue BoE items since they may be valuable.
If you don't have enchanting, just put all your green BoEs in the AH for 3-5x their vendor price (AuctionLite has an option to put in a default price based on either the currently active listings for the item or its vendor price) and if they don't sell the first time, vendor them. This is definitely not a strategy for maximizing profit on these items, but since I don't pay to obtain dropped items in the first place, I prioritize not wasting my time over squeezing out a bit more gold.