How to sell a Phat

[sykoknight]

So I haven't really "played" RS in a couple of years aside from logging on once or twice a month or mess around a bit and talk with friends. Lately I have found myself starting to play a bit more again, and wanting more money then I have. So upon looking at the crashing Phat prices on the GE, I figured, why not unload one of my hats and I'll have some money to play around with.

 

 

 

I've had my purple phat on the exchange at the lowest price for 3 days now with no sale. So I decide to look on the RSOF to see what it looks like on there and I see everyone buying and selling phats with 3rd age items and holy elixirs?

 

 

 

Anyone care to explain to me how and why people insist on trading hats with 3rd age items included? I know it has to do with the trade value and all, but I've been out of the RS economy for so long that I have no clue what is going on and I haven't been able to find an answer.

 

 

 

Any answers would be much appreciated.

[obfuscator]

Basically p hats are a bad investment. SO people will not buy them unless they are getting a good deal( ie elexirs, third age as well) You could just try going to w2 if you dont want to add 3rd age...

[basiliko]

You will have better luck with street price than ge price.

 

 

 

Phat is only for look and show-off, so people will not buy unless you have something useful to make up for the price difference between street and ge prices.

[txxxt5]

so how are santas? their better investment then phats arent they

[basiliko]

It depends, if the next Christmas event offers Santa Suit, then the price may go up

[Yomyth105]

all i know is that ur not the only one. others complain that their party hat has been sitting in the GE for months. I would also post ur phat selling on forums and i would also look for buyers on forums. Other then searching for buyers ingame or wherever always consider forum shopping/selling.

[ladycai]

Well, someone posted a feww eeks ago a pic of him selling a red phat at lowest price after months. Unless you want to just wait for this, then your only choice is to add animal masks, elixirs, sigils, or other things that are worth more than market value that requires junk to sell.

[sykoknight]

Well I've had my hats since the drop, so they were never "investments" to me. I said I would never sell them, but I'm giving in because I need money and I don't feel like working for hours for it lol. I'm not selling all of them, probably just one.

 

 

 

So how should I go about selling it?

 

People mentioned "street value", but what is it for say a purple or green phat and how could I sell if for that amount on say w2?

 

 

 

As I mentioned, I'm way out of the loop on the economy in RS, so I'm still trying to figure things out.

 

Like third age for example....A lot of the posts on the RSOF say "buying purple phat, must include 3rd age kite"....or people are selling a phat with 3rd age. What exactly does that due to the value of the trade? I have no clue how much the "street value" of third age or phats are atm, and I haven't really been able to find out.

 

 

 

If anyone could break it down into some number maybe? I like numbers :)

 

 

 

Sorry for the stupid question, I'm just waaay out of the loop on what the values of stuff is now days. I love the GE for lower priced items, but I think it has made havoc with higher priced things.

 

 

 

Thank you again for all your help so far.

[Returned3]

You know how Jagex controls every single item's price? Well people feel that the price of a phat is too much and then they set their own lower prices and use "junk" items such as rune javelins to boost it up to the GE price.

 

 

 

Like one said above, phats are only for looks and have no stats. It just isn't worth what it was a year ago.

[ValaraZ]

The thing with 3rd age items is that the GE price is way lower than the actual street price.

 

 

 

It's the same thing with party hats (but the other way around) that are now concidered as junk.

 

 

 

The street price as far as i know and heard a few weeks ago for a party hat is at the moment around 30m. The street price for a 3a item is around 200m. so if you have a 3a item and a party hat then you can balance the difference with a party hat that is valued over 100m in GE.

 

 

 

However, there is a way to net off from party hats even though it does take some work from your side. Rent it out. This is more of a long term thing but it can make you up to a mill a day if you know how to do it and where.

[wioneo]

I don't think that the "let it sit on the GE for a few months" thing will work with party hats anymore because the prices are moving now. You'd probably have to keep resetting it at minimum price every time that it changes, or go for an out of GE method which I know nothing about.

[Lord Diddy]

Basically two different options.

 

 

 

-Try to get up early or know when the GE prices change for your time and see if phat drop, then put yours at minimum.

 

 

 

-Go to world 2 GE and try to sell the phat for junk or try to get your hands on 3rd age to equal out trade.

 

 

 

Regardless, the 3 days you've spent is barely scratching the surface of the time it would take you to sell. I managed to sell mine in about a month of world 2 GE (this was before prices dropped constantly). So theoretically with 3rd age and phats moving so much your bound to sell it faster.

[sykoknight]

Well, I guess things have changed a bit lol.

 

 

 

I toyed around on the forums a bit today and everyone seems to want to trade spirit shields and like 20 mill for a purple. But then I would be faced with the same situation trying to sell the spirit shield since they seem to not sell at all either since I guess they are overpriced on the GE.

 

That and other people were trying to offer me masks, swearing that they had street values of 60+ mill (why would you trade that plus cash for a phat with a lower then face street value then?)

 

 

 

So it looks like I may just be keeping my hats if they are this impossible to sell. O well, no loss.

 

 

 

Are santas this hard to sell? The GE graphs seem to indicate that santas are actually traded on the GE....at least I'm hoping? Tho I'll wait till closer to Christmas to sell some of them if I do.

 

 

 

Thanks again for everyone's help.

[konrad]

Example : Selling red phat with 3rd age legs

 

 

 

Well people , will usually accept that offer cause they can get the 3rd age legs, and sell 10m over trade price with junk, because 3rd age street prices are over the ge prices.

[Fools_Taco]

I have read this whole thread and i still dont see why people add third age to a phat trade. Jagax needs to implement a solution for this mess.

[Returned3]

I have read this whole thread and i still dont see why people add third age to a phat trade. Jagax needs to implement a solution for this mess.

 

 

 

Whether it is overpriced on the GE or not, a phat just isn't worth it anymore. It's useless only for looks and it's peak was during 2005-2007, now it's just something to look nice.

 

 

 

Nobody wants to pay a few hundred million for a worthless thing.

[bedman]

I have read this whole thread and i still dont see why people add third age to a phat trade. Jagax needs to implement a solution for this mess.

 

 

 

Whether it is overpriced on the GE or not, a phat just isn't worth it anymore. It's useless only for looks and it's peak was during 2005-2007, now it's just something to look nice.

 

 

 

Nobody wants to pay a few hundred million for a worthless thing.

 

 

 

So what was it in 2005-2007, not a worthless thing?

 

 

 

...

 

 

 

Basicly, the trust in Phats ever going up has declined, so people don't buy them anymore as investments. However, this trend can change again, so better follow them carefully.

[Moad14]

So what was it in 2005-2007, not a worthless thing?

I think a lot of it may have to do with lending.

 

 

 

Let's say you finally get your party hat and want to show it off, and head to the nearest bank to do so. You're greeted with one of two messages:

 

1. "Can i barrow ur phat (insert your combat level here)???????///"

 

2. "U nub u dont own it u brrwd it."

 

Your feeling of accomplishment is destroyed.

[bedman]

So what was it in 2005-2007, not a worthless thing?

I think a lot of it may have to do with lending.

 

 

 

Let's say you finally get your party hat and want to show it off, and head to the nearest bank to do so. You're greeted with one of two messages:

 

1. "Can i barrow ur phat (insert your combat level here)???????///"

 

2. "U nub u dont own it u brrwd it."

 

Your feeling of accomplishment is destroyed.

 

 

 

I'm sorry, but they started crashing waaay before item lending came out. (when Pking got removed and GE introduced).

[Moad14]

I'm sorry, but they started crashing waaay before item lending came out. (when Pking got removed and GE introduced).

Sorry, I don't pay attention to the prices of rares. It was worth a shot though. :-w

[awesome400]

So what was it in 2005-2007, not a worthless thing?

I think a lot of it may have to do with lending.

 

 

 

Let's say you finally get your party hat and want to show it off, and head to the nearest bank to do so. You're greeted with one of two messages:

 

1. "Can i barrow ur phat (insert your combat level here)???????///"

 

2. "U nub u dont own it u brrwd it."

 

Your feeling of accomplishment is destroyed.

 

 

 

I'm sorry, but they started crashing waaay before item lending came out. (when Pking got removed and GE introduced).

 

 

 

they crashed because phats were a way merchanters could make 100s of mils a day without much effort when the trade limit was made they couldnt merch em to profit 5-10mil per sale but 10-20k lol

[bob7926]

That is exactly right. When I used to merchant back in 05-06, it was very easy to turn a profit on phats. I actually just got back in to playing again a few weeks ago, and the trade limit/ge is the worst thing that has ever happened in this game in my opinion.

 

 

 

GE, trade limit, and Jagex killed phats..

[bedman]

So what was it in 2005-2007, not a worthless thing?

I think a lot of it may have to do with lending.

 

 

 

Let's say you finally get your party hat and want to show it off, and head to the nearest bank to do so. You're greeted with one of two messages:

 

1. "Can i barrow ur phat (insert your combat level here)???????///"

 

2. "U nub u dont own it u brrwd it."

 

Your feeling of accomplishment is destroyed.

 

 

 

I'm sorry, but they started crashing waaay before item lending came out. (when Pking got removed and GE introduced).

 

 

 

they crashed because phats were a way merchanters could make 100s of mils a day without much effort when the trade limit was made they couldnt merch em to profit 5-10mil per sale but 10-20k lol

 

The reason is right, but the numbers are wrong. People are making MORE money a day on the GE, with LESS effort, than they did before trade limits.

[Miner52289]

That is exactly right. When I used to merchant back in 05-06, it was very easy to turn a profit on phats. I actually just got back in to playing again a few weeks ago, and the trade limit/ge is the worst thing that has ever happened in this game in my opinion.

 

 

 

GE, trade limit, and Jagex killed phats..

 

I'm sorry but Runescape is not solely about Partyhats. There's actually a ton of content out there such as combat, boss hunting, skilling, slayer, etc. Phats are not the end all be all of this game.

 

 

 

Quite frankly I'm somewhat glad merchanting of that scale is wiped clean from RS. How about you try and go out and get your own Armadyl Hilt as a drop instead of merchanting it for quick profit? You wouldn't like that would you, too much hard work amirite?

[greene8535]

That is exactly right. When I used to merchant back in 05-06, it was very easy to turn a profit on phats. I actually just got back in to playing again a few weeks ago, and the trade limit/ge is the worst thing that has ever happened in this game in my opinion.

 

 

 

GE, trade limit, and Jagex killed phats..

 

I'm sorry but Runescape is not solely about Partyhats. There's actually a ton of content out there such as combat, boss hunting, skilling, slayer, etc. Phats are not the end all be all of this game.

 

 

 

Quite frankly I'm somewhat glad merchanting of that scale is wiped clean from RS. How about you try and go out and get your own Armadyl Hilt as a drop instead of merchanting it for quick profit? You wouldn't like that would you, too much hard work amirite?

 

 

 

Well, there should really be a debate about this topic.... but imagine the price of DFS's, DFH's, GS's, SS's, and the rest of the fairly new rares, if there wern't trade limits???? Merchanters would be driving the street price up all the time!

 

 

 

OT: Do slayer, train summoning, use scrolls/pouches to rent out your phat... quite simple!