Iron pickaxe

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

Iron pickaxe trades for 966 gp, making it one of the cheapest items on the GE. The buy-sell spread is 723 gp (74.8%), which indicates a wide gap between instant buy and sell — typical of less liquid items.

Iron pickaxe has very low trading volume (8 recent trades), which means wider spreads and slower fills. The buy limit of 40 every 4 hours is worth planning around when scaling flips.

Iron pickaxe currently has a negative margin of -725 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 101.3% in the last hour, indicating upward buying pressure.

Iron pickaxe has a high alchemy value of 84 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.