Why RuneScape's Useless Partyhats Cost More Than A Car

[@ColonelloRS]

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[@AstroPopper]

I would rather end my real life HCIM

[@gastly2109]

No we don't care about your scam sponsor...

[@Kolokasidis]

My love for wearing a partyhat during Christmas holidays since I was a kid is because of Runescape. I'm 32 but I still get a fuzzy feeling when I wear them irl.

[@druid123456789]

Duuuude same!!

[@jackanderson5834]

it's tradition every Christmas here in the UK, they come out of crackers

[@5tony]

my mom always buys crackers for the kids at christmas and im always the only one wearing the partyhats

[@WhittaII]

my head is too big for 90% of the party hats on the market and it fuckin blows man

[@lukepayne6207]

Love it when I get a blue 😂

[@Rathial]

Funny how the market crashed so hard once rs3 removed the gp limit so people could actually sell rares on ge

[@hakushiro9910]

Yeah its almost as if the market regulates itself if you let it. In this case I guess it was the maximum number of some variable which was changed for a variable capable of bigger numbers and boom, suddenly people can actually "tell" you how much worth your trash is and thus your trash becomes trash again.

[@Mrtyjr]

My theory is that because people had to sell outside the GE, some very rich people lied about trades that didn't took place and reported those fake prices on the forums which tricked players thinking they had to pay this high. It was also revealed in the video that prices were being manipulated.

[@jacobdorloff8977]

Party set 43k hahaha

[@cwazycasper1595]

It got even better. Blue Phat hit 6b so you'd flood your GE trying to buy blues at max cash.... Meaning you emptied your pouch and could continue to earn GP

[@wJRob93]

I'll never forget the early Barrows days, seeing this guy walk past Varrock East with full Dh, fire cape, and red party hat. The train of people behind him was crazy

[@boofingenthusiast]

The only adult at the time lol

[@Will-ki7us]

RIP my Santa hat and blue Phat on my account Runescape banned in 2006 for saying “You got pwned arsehole”

[@ccreds8545]

😂😂

[@Damonh234]

If you had a bunch of rares back in the day, they are most likely gone. I quit in 2008-2009 with 16 santas and masks. I recovered the account a couple of years ago, and it was all gone. Somehow I was hacked, and they leveled up a bunch of my skills. Luckily, I found one of my RS videos on YT from 2007.

[@DL-yv1ko]

I had a yellow phat when I quit (when eoc was released). Once I realized how expensive they had gotten a few years ago, I recovered my account. Someone had accessed it, removed my phat, and dropped nearly 5,000 castle wars tickets. I was angry, to say the least.

[@TMW_ShadowStarr]

Gotta love how trash the security was for our accounts until somewhat recently. Passwords didn’t even use capitalization back then lol

[@whatsBF3]

Same here I bought a yellow for around 120m and had it on my pure, quit and I'm guessing it eventually got hacked but I don't even remember any login info because it was 12+ years later lol

[@leoni7649]

You lost a car 😢

[@rip8009]

Sounds like jagex owes you a new car.

[@zzwooly3331]

It was probably a jmod that hacked your account. How else would they know you had a phat

[@mathiasvv7072]

I would like to add to this that roughly 1/8th of all the gp removed from the game via the 2% GE tax comes from these few super expensive items. Making them tradable on the GE again has indirectly led to a reduction in death costs

[@richardhicks5031]

Gold sinks are a god send in economies like these

[@MetalgearLuke]

you know, youre the reason i got into OSRS a few months ago. stumbled upon your vids about a year ago. easy listening, fun to watch. glad to see some more vids from ya

[@qsxmirage7274]

He has a 2nd channel of non runescape content too if you enjoy! Just look up Nello.

[@Yovu_]

Sold mine for 4B 😭 coulda been an AMG

[@carlsonkearley3727]

Don't feel too bad they have never been over 4500$ not sure where he got that nonsense

[@Reinonen]

yep, someone can offer to sell it for 42k but it isn’t that expensive until someone is willing to pay that much

[@ludogienezever]

@@carlsonkearley3727 he is calculating how many bonds it would take and how much those bonds would cost. which is rediculous, you could buy a blue for probably 1500-2000 from a gold seller

[@pavslivka3860]

Maybe an AMG from 2008 lmao and that’s if you got lucky selling at 42k

[@ludogienezever]

@@carlsonkearley3727 because he is counting the price it costs in bonds, which is pretty rediculous.

[@metalguccisolid]

Damn, I played RSC and never realized HOW MUCH COOLER the h'ween masks are than OSRS and RS3. The inventory slot is kind of like japanese tattoo stylized demon and the character model is just cool af

[@Cthulthu]

I knew the spawn spot for H'Ween masks. They dropped in 3s of thje same colour and I camped one of the wilderness spawns. Good times. Shame I had no patience. I sold them all for like 50k a set. I kept one set which I eventually sold for 1m, and then I thought I was buying Iron Ore certs with the money, but I wasn't - someone scammed me and sold me tin or copper certs and I quit RS on the spot (and then came back maybe 2 years later). On that note, certificates were the worst.

[@jeshegames]

Were certificates like bank notes?

[@RiverShock]

@@jeshegames Kind of. Except only for specific items and you had to physically go to an NPC to convert things to and from certificates. So you'd go up to the NPC (in this case, you could go to Draynor Village, the Fishing Guild or Brimhaven) with your 30 Lobsters and trade them in for 6 stackable Lobster Certificates. (Each worth 5 Lobsters if you traded them back into the NPC, of course.)

[@Cthulthu]

@@jeshegames Yep. We couldn't stack items by noting them, so if we wanted to trade 100 Iron Ore, it needed to be done in multiple trades. Jagex made certs to "fix" that, but to make a cert, you needed to run from the bank to the NPC that could turn items into certs (done in Draynor), and you would need to do the same to uncert items, so it was just a massive waste of time, but slightly more convenient than multiple trades.

[@nickv_lv]

I had a purple, yellow phat and 14 Santa’s all at once… purple was 88m, yellow was 94-95m, Santa’s 13-14m each at the time… man do I regret not holding onto them a lot longer…

[@GymleaderJon]

I love this. Sometimes I wish they had more value in osrs but I get why they don’t have value

[@SirPrimrose]

They don’t have value because the christmas crackers are re-released every year and you can even choose your color of partyhat. It’s to prevent in-game gambling and the value of phats from getting absurdly high.

[@DarrkSixx]

​@@SirPrimrosebro said "i get why they dont have value" and you felt the need to explain anyway 😂

[@SirPrimrose]

@@DarrkSixx bro said “I understand why they don’t have value but I want it anyway” so I proceeded to explain why you shouldn’t want it. Also, not everyone who reads this comment knows about why they don’t so I’m reiterating for context.

[@a2pabmb2]

@@SirPrimrose Pedantic AND a dick. Noted.

[@JimMilton-ej6zi]

@@DarrkSixx bro said "bro said ""i get why"" 🤓

[@T3CH-SUPP0RT]

I know nothing about RuneScape beyond your videos and I think I've played it once when I was younger but I love watching your videos so much they have such a fun story even when the story seems absolutely wild and I appreciate the effort you put into them Thank you for showing me a new thing I've come to love even if only loving it from an outside view it's got such a lovel collection of stories and no short of adventures I'm sure

[@ColonelloRS]

So glad to hear that, thank you for watching!

[@brbhave2p00p4]

The blue partyhat peaked at 400b gp before the max cash stack update

[@spiritofnex]

Let's go! New video!!! Missed these. Glad you're back.

[@Baldilocs]

Comment 1 day ago but video dropped 4 hours ago. Wut? Colo holding out on us?

[@a2pabmb2]

@@Baldilocs Some creators make stuff available earlier to people who support them monetarily.

[@Baldilocs]

@@a2pabmb2 Ah got it, thanks for clarifying!

[@arnie1204]

Can't believe I had one of these when I was younger & had no idea how valuable they were 😢

[@Teyros]

Same had a yellow partyhat at one point.

[@ixiolirion8781]

One slight inaccuracy in the video - it wasn't that the trade wouldn't go through if you put the offer in for >5% difference, but rather you physically couldn't put an offer in for more than 5% out from the price. The only way you could have an offer in the ge that was out by more than 5% was if you had put in the offer and then the price changed.

[@IFeelRegarded]

Wow I totally forgot santa hats used to be a status symbol back in the day. Cant remember if I ever had one.

[@rabbishekelstein]

THANK YOU for linking all of your sources! I wish more people would do that.

[@KosherCurry]

I had a Santa hat and yellow phat on my account…I can’t even remember my email address, let alone the password

[@tokemaryjj]

go get hypnotized

[@chetasaur]

now do a story about sparcmac's mustang

[@pb4travel]

Thats a good one :D

[@geoffshaw2775]

I didn't start playing Runescape until around 2007/8 so I obviously never got the party hat but always wanted one. It was a goal of mine to get enough to buy one. But I was only ever free to play and only knew of selling feathers and ashes on the ge so it was an impossible goal for me. 😂

[@ColonelloRS]

I totally get that haha. I started playing around the same time. I wanted a Partyhat so bad but the best moneymaker I could think of was collecting snape grass.

[@tokemaryjj]

shoulda picked flax, buddy. Gotta be smarter than that.

[@SaltySvendo]

I once gave away three Santa hats at the Falador party room…. What a mistake lol, hopfully whoever got them is enjoying them still

[@dawakat08]

I remember I bought a Santa hat in 2009, it was roughly the same price as the purple party hat and both were less than the Halloween mask as it was about September-ish so folks were buying them up for Halloween. I put the Santa hat on my account, logged out, and didn’t log back in for 2.5 years and when I did come back my account had been cleaned out and my stats were rolled back to 10’s lmao. Oh well c’est la vie

[@asher404404]

Your pricing recollection is not true, even when purple phats were crashing on the GE they always remained around 7x the value of a Santa

[@ro0b0]

Ye jagex for sure rolled back your entire account actually

[@watchettv]

yeah your recollection of prices are incorrect

[@ccreds8545]

​@@ro0b0its not impossible. I remember a friend of mine was botting on karamja fishing swordfish and his fishing lvl got rolled back

[@HellSong212]

that Allen bit was so on-point and funny at the same time, thank you for the laugh lmao

[@AliJ5533]

Love that Jagex could have avoided this problem entirely if they'd just started dropping Easter Eggs again alongside the rabbit ears instead of making the rabbit ears one-per-person, and then making all past items available in the seasonal events each year from that point forwards. After all, they had never said that the holiday items wouldn't be returning. Players had just made that assumption once the pumpkins didn't return that one Halloween.

[@FlockingSheep]

I remember the lending system in RS2. Glad OSRS has these for cheap again

[@nmazer]

Forgot all about that dumb update. 😂

[@IbanezDanny]

I remember that as well, the most annoying thing was when everybody seemed to say 'Can I plz BARROW your item' instead of 'borrow' lmao

[@pb4travel]

That was cool updated I used to lend items for gp and made bank lol... Osrs should have that again!

[@alexsphone9092]

I miss that feature. I'd pay some gp to borrow a dhcb for some vork lol

[@CarterCarter-xn3sg]

RSC Halloween masks are so nostalgic, one of my best memories was picking up a blue & red Halloween mask

[@stopsign515]

I remember back in the day i bought a green h'ween for 300k and my buddy told me it was a waste of money and to sell it, i think that was 2004?

[@sh3vz0r]

i have also bought green mask for 300k, i remember mined mihtril in wildy in hobgoblins area for it

[@brosettastone7520]

Excellent video Colonello. I love how deep you went into the details. Shit I remember 1m of gold being $7 in like 2006 too, crazy times. Inflation is definitely real and even a problem now in osrs too. This video was so good please make more in this documentary style format, I’ll bet the 380m price on blue hats was set because someone on the jagex team wanted to RWT them

[@TheMysteryGamer]

I actually won that fish mask on the SOF way back in the day, it was definitely odd looking to wear

[@sodapo461]

It would be so chaotically funny if they started dropping all the holiday tradables again in RS3. They never should’ve stopped doing it tbh.

[@Shayne_with_a_Y]

I was there for the bunny hats in 2003 and forever disappointed that they were untradable and I missed out on the previous ones! Eventually, years later probably, I saved up 1.1m by essence running to buy a Santa hat

[@the_peefster]

I didnt get a scythe for that halloween and ive bee sad ever since, finally got it today on osrs for the first time and i feel complete

[@Clyde200k]

With current gp prices (14 per bil), the blue phat is only worth about 1400 now. I’m pretty sure blues were never worth 42k so idk where you’re getting that figure from.

[@cowboydup]

thanks, i didnt know about all those factors that led to the 2008 partyhat crash. I managed to buy a yellow for 90mil during that crash, but i thought it was because of the removal of pking that month

[@Devsterman]

I think it was 2007 or 2008. I ran into a guy in the TzHaar area. He had a cracker. He wanted to open it really badly. I was talking with him, and I almost got him to use it on me. Some other player swooped in and schmoozed the guy, so the random guy ended up getting it used on him. Well, he got the Phat, and the guy with the cracker got nothing. That other dude logged out very quickly...I felt so bad.

[@andrewevans7992]

Damn.. crazy story

[@satoshinakamoto8638]

i remember the disappointment of getting bunny ears, only to find out they were untradeable

[@RockBandRS]

The max cash update was one of the best updates, honestly. Even outside of it screwing merchers manipulating prices, it's nice not having to deal with w2 anymore. I'll happily pay G.E. tax if it means not dealing with w2.

[@Rathial]

One of my biggest regrets is getting 2 full sets of all of the gwd1 gear when gwd1 came out instead of like a set of phats 😢

[@bernardomotard]

The fun you had was worth more than the phats

[@henry.]

this is such a fantastic breakdown. i follow runescape closely and appreciate the detail you went into.

[@MCharlesPainting]

The most adorable part was where people thought they could crash the Party Hat market since they wanted them, but they only wanted them since they didn't have them, so when they had them, nobody wanted them since they lost value due to everybody now having them. P.S. Jagex could have solved this by just making all the items untradeable even after the fact, or put out Party Hats and such every single year. This would have crashed the market early, and forever. Clearly, Jagex didn't fully understand how value works -- social status trackers and displays of wealth -- and the concept of virtual fashion.

[@spieluhrpk99]

Crazy thinking back to when I was a kid seeing people selling Santa’s for 10m but to much of a noob to afford

[@carlsonkearley3727]

A blue p hat is 2000$ . 2 years ago it was 4500 i know bc i buy n sell them . Never heard of them ever being 42g .

[@jakaramoore523]

I remember on classic when i bought a red phat for 3.2m. I was locked in the fishing guild for weeks.

[@gastly2109]

3:53 to skip the shameless ad

[@streamersteve5673]

I was there for every single holiday event and not once did I run into any of the holiday items… 😢 I have no idea how I didn’t see them, probably just wasn’t in the right places, but I was also 12. Not too long after I had the opportunity to buy a red party for 50K but I only had 35 😂

[@silverscreen4522]

Another banger! You never miss with these. I always look forward to an upload from you. I had actually checked to see if you released anything new a few days ago, lol.

[@lemonaid8678]

When the dupe glitch happened party hats where not in the mills yet, most expensive was 500k.

[@DonDangerousPlants]

It’s crazy people still play rs3

[@belandino]

It's crazy that people still play OSRS too

[@risumz3711]

Had a whole party hat color collection for 3 years then quit playing back in OSRS tranfered to rs3 i wonder if i still have them

[@ProMichael247]

Blue is around 100B as of 10/18/2024

[@Beginning-l3s]

because people are purposely trying to make it rise. It was 70B last year

[@ImSizo]

@@Beginning-l3srs3 gp ia $0.02 a mil. Tho 😂

[@Revalationexpo]

I got gifted a green phat in rs2, varrock west bank a kind player with a dragon chain body and an abyssal whip who gifted me it simply for being level 33

[@IbanezDanny]

I remmeber playing runescape back in my teens & heavily from 2008 - 2010, I remember if you saw anybody with a party hat it was a big thing. I also remember making an OSRS account in 2016 which I started using again March of this year, it blew my mind seeing how cheap they were on OSRS now!

[@local_authority]

Because they're not rares

[@IbanezDanny]

@@local_authority Yeah I figured that out after returning

[@leitm3912]

Missed quite a few "new" rares here but understandable since vid was still nearly 30min without them. I've been playing since classic and I'm kicking myself for getting rid of all my rares before they blew up in value.

[@harrylloyd6955]

Uncertain where you got these $$ costs from. Rs3 is actively trading at $0.02 to 0.03/M. 48B for a green party hat, which is $1440. I sold 7 of mine a few years ago for $10k to one of the admins on sythe.

[@ColonelloRS]

The prices used were calculated based on buying the items by using bonds. It is definitely much much cheaper to buy them on underground markets at the risk of receiving a ban. But I probably should've mentioned them as well to avoid any confusion.

[@michaels2901]

Big facts I like your videos but you kinda finessed us with the title and info in the video

[@FartShartly]

@@michaels2901 I mean in his defense, he did specify in the video if you wanted to buy them without getting banned. Which why would you want to risk a ban if you're going to spend that amount of money anyways, even if it's magnitudes cheaper than doing it the "right" way.

[@thefatpakyak2826]

Colonello went off of bond prices back in 2013. How much was gp selling for on sythe back then? I doubt it was 0.02/m

[@ixyzyxi]

I died for purple phat in a 09 PvP world, other guy got like 500k loot, still, no regrets

[@antonybirkov2081]

Such it Jagex, $4000 richer which paid off some bills😇🤑

[@fredericknilsen2855]

had all colors of h'ween masksk back in 2012, got banned due false ban (3rd party cliet) using mouse keys. Lost all since they suggested to delete rares somewere the years later.

[@plagueoftime]

no mention of platinum in this whole video surprised me

[@MikeyMeM3]

Is a 3rd age pic axe on osrs worth more than a partyhat on rs3 if you were to swap?

[@GeoffSayre]

I was online the day scythes dropped in RS1. I thought it was the coolest thing ever!

[@cwazycasper1595]

I had stacks of each colour. Logged off for a few years. When EOC dropped, boy, my bank account got its payday

[@SeishuuVT]

man the trade balance system was wild

[@Mimsy_Crush]

im glad i horded party hats mask pumpkins and such i had 2 accounts loaded with it sold some still own some and never ben hacked 1 time

[@jy5490]

Golden partyhats are a little over 200m, and have been that price since the release more than 2 years ago. I have 3 of them, with one sitting in the GE for 450m. I expect it to never ever sell. It's sad really. Originally it costed something like 100m+ or so to create one including the time spent. I am absolutely convinced some f-ery is going on behind the scenes, maybe a dupe. Or people think they're ugly, which... yeah fair.

[@anthony7440]

42k back to 6k is insane, really showing game is reversing into nonexistent.

[@ArneyO7]

Rs3 yes, but osrs is thriving.

[@alexpowers9158]

It was never 42k. Its not even 6k today, if you look at rs3 gold prices a yellow is like $1k today, still alot but not thousands

[@Beginning-l3s]

@@alexpowers9158 It was 600 dollars a year ago

[@alexpowers9158]

@@Beginning-l3s sounds about right. Rs3 gold is almost worthless

[@ArneyO7]

@@alexpowers9158 he's talking bond prices though, not black market street prices for gold.

[@NikTurner33]

The people playing R.S. are so cool these days.

[@absoluteclownworld]

I got wrongfully banned on the dupe glitch... lost like 2 p hat sets and lots of other items... never cheated or anything.. appealed but nope.. was heart broken as a kid... quit the game... started playing again as an adult when osrs came out on mobile.

[@moofspartanTV]

bro you gotta be a H3 fan. A few months back I noticed you used a clip of someone using the login “YungFika”, which only an H3 fan would know is Love, and then in this one you used “Uncle Gabe”. (Who tf is uncle Gabe??!) Edit: oh AND fideas?? Yeah it’s not coincidence at this point. Nice to see my fav RS YTer is also a fan of my fav podcast :) heck yeah man

[@ColonelloRS]

FAMILYYYY

[@musicrelaxation9795]

They need to stick it to the merchants, and just crash all rares by releasing them all again.

[@ZedGames]

Party hats are to runescape what bitcoin is to the financial world.

[@Zyzz69420]

When I returned to osrs a coulle of years ago, i remembered my rs3 account had a santa hat. Sold it for 3.3b and ended up with around 300m osrs after swapping it over, was looking like a gp buyer for a bit lmao

[@TheBeastech]

For some reason people are still shocked by the fact that rare virtual items cost a lot…

[@dilliondantin]

They'd be worth so much more if you couldn't take them with overrides

[@Blankpaperboy]

Nice video and yes, I stopped playing when Evolution of Combat came out, there's a reason I didn't play WOW! Still on that OSRS grind though, hoping Brighter Shores is the next big one, can't wait to play it😁

[@brainless0000]

wtf i swear the thumbnail showed a green phat when i saw it this morning

[@ingydegmar2060]

One day there's gonna be a news item: man becomes millionaire after inheriting video game account.

[@timetravl3r]

Who knew competing for limited resources would cause such greed

[@andrewevans7992]

Sounds like irl

[@Christian_Bagger]

So I played RuneScape for a short period of time, and that was when the party hats were around.. that stupid paper hat I threw out like the trash it were, is more valuable than a car??

[@fredhampton3393]

Ya had a blue just-like bitcoin there rare

[@EXITLlFE]

Man i remember buying a purple phat in like 2006? I believe for around 80m. Man i wish i had kept it with the account. I also wish i had vought that Bitcoin that was worth a few dollars 2 years later. Now i work my ass off and im still broke

[@Beginning-l3s]

Just start a business.

[@samuelmontypython8381]

I've always wondered why Jagex cares so much about RWT. It's just exchanging pixels for money on a click simulator. Why don't they focus on the real problem: bots

[@RiverShock]

I mean, a lot of reasons. But probably the simplest answer: How exactly do you think gold sellers are OBTAINING GP to sell in the first place?

[@iamtheonewhoyoulove]

/most/players were not in osrs back then

[@RuneScape_Clips]

I'm polayer from the days when party hats cost billions

[@Pizza4Lunch]

I may not be the highest skilled RS player at all, but at least I didn't trade a PHAT for a Barrows piece back in the day. hahaha

[@JustHam09]

Junk trades where a nightmare time

[@SmokinSkillerz]

Yo that Advertisement was horrendous I barely kept watching cuz I like you but I promise that will cost you more than you make if you keep doing it. Ive got a little tolerance but I’ve also got KZbin premium, nothing grinds my gears worse than a long drawn out mega sell out of an ad

[@NanosoftRussia]

Just use a sponsorblock

[@jazzydragzzlop]

What movie is this?

[@JimMilton-ej6zi]

The easiest way to stop RWT is to just make gold worthless. Legalize botting on single instance things and then boom, no more RWT because anyone can just earn gold through bots.

[@ccreds8545]

Perfect plan is you wish to end the game lol

[@JimMilton-ej6zi]

@@ccreds8545 end the game for sweaty nerds who have to be reminded to take pee breaks sure. But for normal people who actually want to play the game like they did in 2006 would come back.

[@FirestormDDash]

I remember getting 1 million needles. At 1 gp each on the ge I would make bank. IT sat on the GE for years. made 20 gp ithink. Anyway I just dropped them for the space. Oof.

[@whitefeather511]

why lie? no phat has ever been 6k, like ever, let alone 40+. in fact, they're almost free now

[@andrewevans7992]

2011 when blues were 8b they were 6-8k each

[@ImSizo]

I quit 2017. Came back and Sold my white for $2000 during the pandemic

[@mauledomen]

I had a yellow phat years ago i got from luring I unfortunately was banned for botting .

[@timyassa4343]

And now you can get a party hat for 7gp

[@JayOnThisDay]

Over exaggerate, It cost 2k USD.

[@JimMilton-ej6zi]

And it's $0 for everyone who knows how easily bottable the game is

[@IvyDoomsday]

i still vividly remember walking through varrock, stopping in the general store cuz i saw a dude in max wealth gear (in like 2010), bro sold a purple phat to the store and i beelined it to the bank cuz i didnt have any cash on me. never saw it again and never saw anyone sell it in the store again :(

[@garrysuits]

I'll get hate for this but would be funny if jagext said fuck it and returned them to the game to stop rwt with them :P