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Also, either make sure you always gather materials on the same character or be ready to visit the bank every time you want to move them to another one.
I will also mention that if all you need is infinite gathering tools and don't care much about the volatile magic part, you can get a set from the Black Lion Statuettes store for 45 statuettes for each tool, so a full set costs 135. That's quite a few, but if you get lucky or wait for a chance to get more of them, it's not too hard to get.
If you spend a lot of the currency and need infinite tools, go for it.
17 copper per VM, or 44s60c profit per Trophy Shipment is very much a "kind of money". It depends on you whether the price of the tools feel justified for you, specifically.
For reference, here's a breakdown of all the infinite tools. Last coloumn shows the number of uses needed in order to work back their price in the gem store when they are not on sale:
https://fast.farming-community.eu/gathering/unlimited-gathering-tools
It's also kind of moot, anyway, if you buy them with real money, as you don't feel the loss of in-game gold that way.
Until they give infinite tools the legendary armoury treatment, the convenience goes out the window. You'd need to buy 3 shared slots to swap them between characters, and even then you have a bunch of extra clicking to do.
The benefit just doesn't outweigh the cost and inconvenience of swapping.
How many times are you going to argue with this fact?