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Red partyhat
F2P

Red partyhat

#1038

"A nice hat from a cracker."

WikiGE
High Alch1gp
Low Alch1gp
Store Value1gp
GE Limit5

Live GE Prices

Buy Price
15,000gp
1 hours ago
Sell Price
13,210gp
3 min ago
Average
14,105gp
Updates every 60s

Price History

Loading price history...
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About Red partyhat

"A nice hat from a cracker."

Red partyhat is one of the original 2001 Christmas cracker rare hats and one of the most valuable items in Old School RuneScape. It occupies the head slot, has zero combat stats, and is a pure cosmetic and wealth-storage item with an ever-shrinking supply.

Item Details

Item ID1038
MembersNo
Store Value1gp
High Alch1gp
Low Alch1gp
GE Limit5 / 4h

Item Information

Released2001-12-25
Weight0 kg
TradeableYes
StackableNo
NoteableNo
EquipableYes
Quest itemNo
AlchableNo
DestroyDrop
OptionsWearDrop
Worn optionsRemove

Equipment Stats

Head
Attack Bonuses
Stab+0
Slash+0
Crush+0
Magic+0
Ranged+0
Defence Bonuses
Stab+0
Slash+0
Crush+0
Magic+0
Ranged+0
Other Bonuses
Melee Str+0
Ranged Str+0
Magic Dmg0%
Prayer+0

History (2)

  1. 2007-12-10

    Trade restrictions briefly affected partyhat liquidity ahead of the Grand Exchange rollout in 2007.

  2. 2001-12-25

    Released as a holiday drop inside Christmas crackers during the 2001 Christmas event.

Related Items

Yellow partyhatVariant
Yellow colour variant of the original partyhat set
Blue partyhatVariant
Blue colour variant of the original partyhat set
Green partyhatVariant
Green colour variant of the original partyhat set
Purple partyhatVariant
Purple colour variant of the original partyhat set
White partyhatVariant
White colour variant of the original partyhat set

Market Strategy

Investment Notes
  • Original 2001 holiday rare with a fixed, ever-shrinking supply
  • Long-term wealth store; treated as a GP cap workaround
  • Price track follows total GP-in-game inflation, not utility
  • Buy limit only 5 per 4 hours — buyouts often go through PvP world trades
  • Confirm trade history and ban states before completing high-value swaps

Trading Tips

Use the Grand Exchange offer history page to confirm fair price discovery
Never high-alch; partyhats are not alchable and burning one loses billions
Watch for fake-out spikes around major economy updates (Sailing, leagues)
Trade through the GE rather than direct PvP world drops to avoid scams