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GPH worth a lot when?

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H Rassy
Sep Member 2023

H Rassy

Posts: 17,469 Opal Posts by user Forum Profile RuneMetrics Profile
Hey,

Recently we had the introduction of the gold partyhat and Jagex said in the newspost that one day it would be worth a lot of money. So i bought a golden partyhat because i have great trust in anything jagex says.

But now i went to w2 and i see people selling golden partyhat for 350m and noone is buying it.
So i am kinda wondering when the golden partyhat is going to be worth a lot of money. Is there any ETA on when this will be ?
Its not that i am getting impatient or anything but seeing golden partyhat become worth less coins and not more after the event is over is a bit of a disapointment.

29-Jan-2022 23:16:17 - Last edited on 29-Jan-2022 23:18:02 by H Rassy

TheNerd

TheNerd

Posts: 3,601 Adamant Posts by user Forum Profile RuneMetrics Profile
It'll be a while -- if a lot of people went into it expecting to make a quick profit, then yeah the price will go down while people who are in for the short term sell off. Once people who had GPHs quit or after rare traders slowly stock up for long term investing, then it'll go up. I wouldn't expect it to be any time soon.

29-Jan-2022 23:30:52

Raphtalia6
Oct Member 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile
a sapling doesnt grow into a tree in 1 day.

it will take time for items to go up or down, the og phats took like 15-20 years to get on the level they are now.

for now the best thing you can do is keepsake that gph till you want to sell it.

the moment when supply runs dry on it because hoarders took all the quantity is when the price will rise. a bit like before a tsunami all the water turns back and then 1 big wave hits the coast. trusting certain pc lists or prices of items or websites that dont belong to jagex will get you into trouble notice: external websites and trades are your responsibility, dont get fooled!.

29-Jan-2022 23:38:06 - Last edited on 29-Jan-2022 23:38:55 by Raphtalia6

200m Defence

200m Defence

Posts: 245 Silver Posts by user Forum Profile RuneMetrics Profile
have fun waiting 30 years rassy Don't trust any pc's listed, any advice or talks between posts on ID forums anymore , the Manips are let loose, especially the main one with 15+ accounts posting acting as different people.. do your own research

30-Jan-2022 00:20:47

boidae
Sep Member 2023

boidae

Posts: 2,931 Adamant Posts by user Forum Profile RuneMetrics Profile
i think it should really be 10m gp that price will reflect its true rarity (it isnt rare)

atm its living off hype and key safekeeping

i recon itll be the biggest bank nerf in rs history

30-Jan-2022 00:48:55 - Last edited on 30-Jan-2022 00:50:13 by boidae

kanamari

kanamari

Posts: 26 Bronze Posts by user Forum Profile RuneMetrics Profile
It's not wise to hold a GPH (or any discontinued rare) with money that you actually need in the short-term. Rares rise slowly, the appeal is the fact that they rise inevitably . You would have much better uses for that money in the short term, but rares on the other hand are a great place to store extra cash you don't need so that you don't lose money to inflation.

If you can only afford 1 GPH, then you should only keep it for sentimental reasons, not as an economic decision, as that 350m could make you a lot more if you had it as cash right now (either through merchanting or buying gear to PVM with.)

30-Jan-2022 01:08:43

ELITE STACK
Mar Member 2014

ELITE STACK

Posts: 8,082 Rune Posts by user Forum Profile RuneMetrics Profile
I doubt it will go below 200m People will just hoard them up. I can see it going below 300m though. This is a player driven market Jagex saying they expect it to have high value in the future is just saying it will be a permanately discontinued item. I would say considering 100k for og phats were the price on release 100k back then is probably like 250m right now. Og phats only required to complete a 5 minute and was f2p while gold phat required membership + 12-20 hours of work to make 1. We should see these rise faster then og phats considering inflation in the market these days+ the fact gold is one of the more popular phats. Back in 2009 og phats were probably around 300m-1b. I need my blue charms back.

30-Jan-2022 04:18:35 - Last edited on 30-Jan-2022 04:29:23 by ELITE STACK

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