Black pickaxe

Black pickaxe

Used for mining.ID: 12297

Buy Price (Instant)

4,999 gp

Sell Price (Instant)

4,626 gp

Spread

373 gp (7.46%)

Margin (after tax)

-419 gp

ROI

-8.4%

GE Tax

46 gp

1h Change

+10.6%

Buy Limit

4 / 4hrs

High Alch

87 gp

Price History

Trade Volume

Black pickaxe — GE Price Analysis

Used for mining. Black pickaxe is a free-to-play item traded on the Old School RuneScape Grand Exchange.

At just 4,999 gp, Black pickaxe is a low-cost item that can be flipped with minimal starting capital. The buy-sell spread is 373 gp (7.5%), which indicates a wide gap between instant buy and sell — typical of less liquid items.

Black pickaxe has very low trading volume (2 recent trades), which means wider spreads and slower fills. The strict buy limit of 4 every 4 hours significantly caps how many you can flip per session.

Black pickaxe currently has a negative margin of -419 gp after tax, meaning instant flips would result in a loss at these prices. Margins fluctuate throughout the day — check back later or set a price alert to be notified when the margin turns positive. The price has risen 10.6% in the last hour, indicating upward buying pressure.

Black pickaxe has a high alchemy value of 87 gp, but at the current buy price it is not profitable to alch.

Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.

Flip Calculator

Total Cost19,996 gp
Total Revenue18,504 gp
Total Tax184 gp
Total Profit-1,676 gp
ROI-8.38%

High Alchemy

High Alch Value87 gp
Buy Price4,999 gp
Alch Profit (excl. nat)-5,011 gp
Profit/hr (~1,200 casts)-6,013,200 gp

GE Tax Breakdown

Sell Price4,626 gp
Tax (1%, max 5m)46 gp
Net Proceeds4,580 gp
Effective Tax Rate0.994%