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mr togue
Sep Member 2020

mr togue

Posts: 6,957 Rune Posts by user Forum Profile RuneMetrics Profile
my wealth is serious starting to climb

i am thinking in making some kind of investment in a rare or 2

so i was looking at the ge page here on the forums and saw the assassins' walk token listed as average 1.8 bil max is 2 b

then i went on the market forum and saw some one asking 6 b for one ( recent post)

is the real prices higher then what is being listed on the GE page on forums?

can any one explain the cause for such a outrageous price difference?

if one can get one off the ge for 2 bil or less why would any one want to buy it off that guy?

09-Oct-2021 14:57:55 - Last edited on 09-Oct-2021 14:59:29 by mr togue

Tuffty
Jan
fmod Member
2003

Tuffty

Forum Moderator Posts: 152,160 Ruby Posts by user Forum Profile RuneMetrics Profile
It's often the case where the GE can't keep up with the current trend in item prices.

To get a bargain on any item it might be worth a shed load of research and I mean a lot. It might even take several days to several weeks or months befor you find the right deal for you.

Good luck getting that elusive bargain.

Also remember the scammers out there who may send you unwanted PM messages asking you to meet alts at another bank and hand you rings or ammys to get you there quicker. Be VERY alert for them. Comprehensive Account Security
What do snowmen have for breakfast? Snowflakes! :P

10-Oct-2021 10:49:17

Kopaka
Dec Member 2023

Kopaka

Posts: 3,578 Adamant Posts by user Forum Profile RuneMetrics Profile
There's occasionally going to be players who don't realize the 'street price' of items like this who will sell them for market value on the Grand Exchange.

But you have to realize how the Grand Exchange completes offers:

If an item is put up for sale, the system checks to see, 'is anybody currently buying this item at the listed price or higher?' the highest priced buy offer, or the oldest tied for highest, will make the purchase instantly.

So if you went to sell a blue party hat, regardless if you said 'I want to sell it for 100m', or for max cash, in both cases it would instantly sell at max cash, because there are many people who have a buy offer waiting at that price. The oldest one will be completed.

However if on the other hand there is low demand for an item, the opposite procedure occurs. If you go to make a buy offer for an item in high supply like let's say most Beach party tokens, there will be many competing low sell offers. The lowest or oldest tied for lowest will be sold to you immediately.

In your case with the assassin walk, it's likely going to go just like the blue phat example. There are almost certainly several players currently with buy offers waiting to purchase an assassin walk for max cash. The oldest one will be the first offer to complete. However it's most likely that anyone who has an assassin walk token at this point realizes it's worth a lot and won't sell it on the Grand Exchange since they know they can get more for it on the street.

How do people sell things for over max cash? Two main ways: spirit shards or 'trading up'. For instance a red Halloween mask is worth less than a red party hat, so someone might offer their red hween plus max cash in exchange for a red phat. (just an example, not a real trade that would happen) Spirit shards on the other hand are used as an alternate currency. You can buy them for 25gp from the pet shop or summoning shop in Taverly, and you can sell them to any NPC general store for the same 25gp.

10-Oct-2021 14:18:00

mr togue
Sep Member 2020

mr togue

Posts: 6,957 Rune Posts by user Forum Profile RuneMetrics Profile
thank you all i personally do not want to have a maxed stash of coins just sitting there in my bank it is one of the goals i set is to see my coins grow and if its maxed then i can not get behind the drive to make more coinage,

spending for a item and forgetting it is in my bank is a better way for me to deal with my increasing wealth

10-Oct-2021 17:40:04

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