Party Hat Prices

The prices for party hats in runescape have recently lowered with the exception of the white party hat. It is currently very difficult to predict how the planned grand exchange market system will impact on the long term merchantability of all rare items in runescape and especially the party hats.

The grand exchange system will definately open up trading within the game, although it is still too early to say how the overall pricing of items will be impacted as nobody outside of Jagex has a clear knowledge on how the system will work exactly.

This uncertainty has caused many price fluctuations for various items - with some merchants getting rid of items they deem to be at risk, while other players stock up on items they need for skills or are wanting to risk the impact of the grand exchange.

Obviously, the most desired items in terms of rare items are still the party hats and it is these prices that most merchants base their investment decisions. One of the best ways to keep track of item prices for runescape is the grand exchange in EoC or via 07 runescape marketplace. This is a database that is updated daily to reflect a price guide of items, although it is not a price bible, it certainly helps many thousands of players get a more fair price than if simply bartering ingame.

The grand exchange may well have a large impact in prices and many players may opt to use the exchange system, however, there will still be a place for the other price guides and street price guides to help people who wish to trade outside the of the exchange system.

Runescape Third Age Rare Items

I have been following some threads in different runescape forums about the rare item prices in the game. Specifically about third age items that are able to be found by members when doing level 3 treasure trail clues.

There have been many discussions relating to the pricing of these items and the fact that they are rare has impacted on the whole merchanting system. At this time, the third age items are still relatively rare and are the main reason why people are doing more treasure trails. However, the main difference with the third age items and traditional rare items like party hats and santa hats, is that they will increase in number as time goes on.

Now, merchanting such items is currently restricted due to the low numbers currently in the game - it is increasing demand for them and pushing prices on an upward spiral. At some point it will stop increasing and merchanting will be much more restricted as either new items will be introduced by Jagex or players will change their desire to own them.

Through checking price guides, the melee armour is by far the most desired and costly. Brieftly, the third age runescape item prices at this time are:

Mage Items:

• Third Age mage hat - 8,000,000gp - 8,100,000gp
• Third Age robe top - 20,000,000gp - 21,000,000gp
• Third Age robe - 12,000,000gp - 15,000,000gp
• Third Age amulet - 12,000,000gp - 15,000,000gp

Estimated Third Age Mage Set Price: 52,000,000gp - 59,100,000gp

Range Items:

• Third Age range coif - 8,000,000gp - 10,000,000gp
• Third Age range top - 29,000,000gp - 32,000,000gp
• Third Age range legs - 8,000,000gp - 10,500,000gp
• Third Age vambraces - 4,000,000gp - 5,000,000gp

Estimated Third Age Range Set Price: 49,000,000gp - 57,500,000gp

Warrior Items:

• Third Age full helm - 20,000,000gp - 23,000,000gp
• Third Age platebody - 63,000,000gp - 65,000,000gp
• Third Age platelegs - 35,000,000gp - 40,000,000gp
• Third Age kiteshield - 115,000,000gp - 130,000,000gp

Estimated Third Age Warrior Set Price: 233,000,000gp - 258,000,000gp

Obviously the price for a whole set is just based on the current price range that these runescape items are trading at. However, it is likely that the top range would be the least expected by anyone who currently has a full set if they wished to sell.

At this time, merchanting does seem to be extremely viable, although price instability in the whole runescape marketplace could quickly change that. It is definately a risk to merchant these items as attitudes to the prices can quickly change and merchants can be left holding white elephant goods.

Overall, my advice is only purchase the items if you are wanting to hold onto them for future use - or if you are expecting to sell them quickly as prices for rare items in runescape that can still enter into the game will inevitably lower over time.

Runescape Santa Prices

Runescape Santa hat prices have increased significantly since the days of runescape classic. This price increase has other factors apart from standard supply and demand issues. The reason for the higher prices nowadays is due to:

• Slayer skill causing increase in virtual wealth for many players
• Supply has reduced - and will not increase
• Runescape money selling sites using macros or bots to increase overall cash in game
• Long term players general wealth accumulation over time

Lets examine the impact of the introduction of the slayer skill. The slayer skill introduced various new runescape monsters and items into the game. It is a skill that takes time to train up properly and is for members only. However, the abyssal whip, one of the better training weapons was a highly desired item when it was first uncovered. Prices of abyssal whips were extremely high initially and currently trade for 1.7 million coins or so.

Players who had 85 slayer early were able to cash in quickly and buy up supplies of santa hats are more affordable rates. When this happened, other merchants joined the process and quickly santa hats were very much in demand, while the supply was limited. This is where the economics of supply and demand come into play and forced the santa hat prices to increase. As the prices increased, more and more players started to try and merchant them, consequently increasing the rate of price inflation.

The slayer skill was one main contributor to price inflation of santa hats in runescape, although not the only contrubutor. The other facts mentioned also had a direct impact on price stability in the runescape marketplace. My belief is that the people who directly benefitted from the slayer skill introduction were simply the catalyst to the price inflation of rare items in runescape. It didn't only affect the santa hat prices, but christmas crackers, party hats, halloween masks and even pumpkins to a lesser degree.

Overall, the price of rare items in runescape will continue to rise in the long term, however, for people looking to make free easy money it will be a much harder task. It will be much harder as prices for santa hats and other rare items have approached their market ceiling prices and will only gravitate upwards in the long term, not the short term.

If things do follow the laws of supply and demand and rare item prices are determined solely by market forces, my advice for all runescape merchants is to look at other items to merchant. Owners of large amount of rare items can control the market price - and if this is the case, they will control it to their benefit, not yours. Consequently, merchanting rare items (or discontinued items in runescape), is a highly risky method of merchanting as it can tie up large amounts of cash that could be better used to make more money through trading in cheaper items.

Stay safe, play safe and merchant resources in constant demand after building up both a chain of suppliers and a pool of buyers. This will enable any runescape merchanter to safeguard themselves from possible large losses on runescape santa hats.

Zybez Market Priceguide

Runescape throws up a lot of inconsistent price evaluations - this is mainly due to the fact that different people have a different perception of what price they are willing to pay for any runescape item.

Any runescape help site will find it extremely hard to accurately reflect any set prices - as players can change their perception of an items value on a whim or through a new update into the game. The prices for runescape rare items are extremely unstable due to long term merchanting since the days of runescape classic and the introduction of new skills such as slayer that has had an impact on the overall runescape economy.

With such instability in prices, it is hard to always keep up to date and many help sites have opted to include price ranges rather than specific set trading prices. This enables some fluctuations to occur within the marketplace but doesn't always necessarily reflect the most up to date prices.

Zybez have put together a price database and it is one of the more widely used databases that can be updated regularly to reflect the latest prices in the game. I would suggest people take note of it and always check with it whenever they are considering a large item purchase - it should be reasonably up to date and give an indication to players whether or not they should make their purchase.

Merchanting players should always be aware of the latest item prices in runescape in order to avoid potential losses while trading. In time I plan to include a more function item prices database rather than the current article listings, although in the mean time, Zybez have an excellent market priceguide for players to utilise until I am able to compete effectively. Players wishing to write any guides are welcome to register on my main runescape help site and help me in the process of getting a comprehensive site completed.

Rare Items in Runescape

The runescape market is heavily focussed on the serious merchanter gaining several items that are no longer brought into the game. These items have previously been dropped by Jagex on holiday occasions and have since been discontinued.

Holiday events have taken over from holiday drops and as a result, the original items that were dropped are now rare as they will never be replaced. As time goes by, people may get banned, lose the rare item through their own fault if they accidently cast the high alchemy spell on it, or simply a player may have quit runescape for good.

As a result of all this activity, the price of these rare or discontinued items invariably increases over time.
With the exception of the Bunny Ears and the Scythe, all of the other items shown in the picture are highly sought after rare items. The Bunny Ears and the Sythe cannot be traded to other players and are therefore not able to be merchanted or sold.

The highest priced item on the list is the Christmas Cracker as it contains an unknown coloured party hat - it will be one of the other types that already exist, but is priced similarly to the highest priced party hat which is currently the Blue Party Hat.

Both the Pumpkin and the Easter Egg are items that can easily be eaten and therefore over time are rising in price - although currently they lag a long way behind the desire for people to own a Party Hat.

The Halloween Masks and the Santa Hat are currently very desired items and almost daily or weekly increase in price. Invariably, as the holiday season approaches for either item, the price will likely show a sharp increase and many merchanters will be seeking to take advantage of this scenario.

Owning a rare item brings its own problems - people may try and scam you out of the item or trick you into selling it for a much lower price. My advice is simple, always know the price of any item that you wish to sell and in the case of rare items, the price can fluctuate at different times although over the long term the general trend will be an upward spiral.

There are two other items that were not holiday drops, but moreso, are now discontinued items. These items are also rare because no more will be brought into the game - although they are now redundant items themselves, they still retain a trading quality for people looking to merchant them over time.

The disk of returning was previously used in RuneScape when normal players wished to visit this 'black hole' by purchasing this disk, and spinning it to return from the Black Hole. The 'black hole' was basically an area where players who had broken rules or cheated were held.

The half jug of wine is now discontinued due to a change in the Cooking skill. In the past, Wine was changed so it took 1 swig, not 2, and only people with half jugs at the time of the change will have had these. Consequently, most players sold the half jugs of wine as prices have increased over time.