Wizard hat

A silly pointed hat. Wizard hat is a free-to-play item traded on the Old School RuneScape Grand Exchange.

Wizard hat trades for 300 gp, making it one of the cheapest items on the GE. The buy-sell spread is 48 gp (16.0%), which indicates a wide gap between instant buy and sell — typical of less liquid items.

Wizard hat has very low trading volume (4 recent trades), which means wider spreads and slower fills. The buy limit of 125 every 4 hours is worth planning around when scaling flips.

Wizard hat currently has a negative margin of -50 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 dropped 25.7% in the last hour, which could signal a buying opportunity if the margin improves.

Wizard hat has a high alchemy value of 1 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.