First off, if you are not a Mage I wouldn't even suggest reading the rest of this. Recently i just dinged 70, and started my Karazhan attunement when i got an idea, the ghosts in the cellar outside. So what i did was try to blizzard AOE grind but the quarters are too cramped, so when I thought for a bit i realized all the super awesome "of stamina" greens there are out there for a level 70, so once i decked myself out in stamina greens with my main + damage main hand and off hand, i ended up with about 12k HP, and as a frost mage I have enough tricks up my sleeve to survive anyways, so when i went back throw up a ice barrier go down into the cellar, pull about 7 mobs, freeze them, flamestrike and AE them down, its easier to pop trinkets since you wont have a lot of + damage but raid boss comparable HP. If you cant end up with enough HP to survive on you own bring a 70 priest or a 67+ if you wanna be nice and let them get exp from it. After farming this for an hour solo I ended up with about 50g in coin alone!! a Bringer of Death which i later sold for 700g and a blue tailoring recipe which i learned, 11 stacks of Netherweave and about 30 greens!
It's in the cellar right outside of Karazhan where you have to find the well in the first part of the Karazhan key quest chain. Have fun!
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