Skip to content

Red partyhat | OSRS Price Data

Red partyhat
F2P

Red partyhat

#1038

"A nice hat from a cracker."

Wiki GE
High Alch 1 gp
Low Alch 1 gp
Store Value 1 gp
GE Limit 5

Live GE Prices

Loading prices...

Price History

Loading price history...
Sponsored

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 ID 1038
Members No
Store Value 1 gp
High Alch 1 gp
Low Alch 1 gp
GE Limit 5 / 4h

Item Information

Released 2001-12-25
Weight 0 kg
Tradeable Yes
Stackable No
Noteable No
Equipable Yes
Quest item No
Alchable No
Destroy Drop
Options WearDrop
Worn options Remove

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 Dmg 0%
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 partyhat Variant
Yellow colour variant of the original partyhat set
Blue partyhat Variant
Blue colour variant of the original partyhat set
Green partyhat Variant
Green colour variant of the original partyhat set
Purple partyhat Variant
Purple colour variant of the original partyhat set
White partyhat Variant
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