### **Inverted Firemaking Skillcape (120) Analysis** #### **Summary & Rarity** The **Inverted Firemaking Skillcape (120)** is a rare cosmetic variant of the standard 120 Firemaking Skillcape. It was awarded during the *2022 Halloween Yak Track* as part of the "Inverted Skillcape" line, which required players to reach high-tier progress or use premium rewards track purchases. This made the item time-limited and locked behind a content grind, ensuring a naturally constrained supply. Furthermore, Firemaking is a relatively niche skill with limited prestige compared to skills like Archaeology or Slayer, reducing the overall number of players likely to chase this specific cosmetic. As for rarity, inverted 120 skillcapes are prestigious given their exclusivity, but demand fluctuates based on visual appeal and investment value. The striking orange and inverted-black aesthetic, though polarizing, has carved a niche following among fashion-scape enthusiasts, adding consistent desirability. Its rarity is further amplified because it’s non-reobtainable once missed, driving scarcity-based value. #### **Release Date** The *Inverted Firemaking Skillcape (120)* debuted on **October 24, 2022**, during the Yak Track event, alongside other inverted skillcapes. #### **Price Trends & Historical Analysis** From the price data provided, the item has seen clear spikes and dips, often tied to major RuneScape economic or update-related events. Here are key insights into the price trajectory: 1. **November 2022 [Spikes]:** - On **11/26/2022**, the cape hit a staggering **3B GP**, a result of hype surrounding new releases like Fresh Start Worlds (*09/2022*) and the cascading gold surges from rolling economic effects. Artificial hype post-release often causes this brief spike as items like inverted capes become targets for investors. - By **11/30/2022**, the price stabilized at **1.56B GP**, reflecting typical post-release corrections. 2. **Decline: Late December 2022 to January 2023:** - The cape price dipped to **950M GP** around **12/27/2022**, likely a result of waning speculative interest and players liquidating high-value collectibles to capitalize on upcoming content (*Scrimshaw dupe on 1/29/2023*). These events dramatically affected the game's economy, introducing inflated GP pools. 3. **January 2023 Recovery:** - By **01/15/2023**, the cape rebounded to **1.5B GP**, reflecting stabilized investments due to confidence post-dupe fixes. 4. **Long-term Stability:** - Post-dupe corrections and ongoing demand have kept the price stable around **1.3B-1.5B GP** since. No sudden dips occurred after February 2023, showing that the item is considered a reliable, long-term collectible for wealth buffers in RuneScape's volatile economic ecosystem. #### **Price Prediction (Late 2024 - Early 2025)** Based on historical patterns, RuneScape's inverted skillcapes tend to appreciate gradually over time due to sustained demand among collectors and relative scarcity. Over the next **6 months**, the **Inverted Firemaking Skillcape (120)** is likely to trend as follows: - **Short-Term (Late 2024):** Expected price: ~**1.7B-1.9B GP** - Anticipated economic impacts from **11/2024 GIM Bank Bug dupe** may inflate GP supply and benefit high-value collectibles. - The ongoing “prestige inflation” trend boosts collectibles that are no longer reobtainable. - **Mid-Term (Q1 2025 - Q2 2025):** Speculated price: **2.2B-2.5B GP** - Stable growth as speculative investors offload to collectors. Major updates like the anticipated **April 2025 Treasure Hunter content injections** could create liquid GP pools, thereby increasing demand. #### **Potential Price Risks:** - **Re-releases:** Though unlikely, future Yak Track-style content could include retro rewards (e.g., previous inverted skillcapes), devaluing their exclusivity. - **Economic Disruptions:** Sudden GP influxes (e.g., dupes or TH GP floods) may cause inflated yet unstable price surges. --- #### **Flipping Margins** On average, flipping the **Inverted Firemaking Skillcape (120)** provides **50M-150M GP** margins depending on market volatility and buy/sell timing. Here’s how: - **Low margins (~50M):** Periods of stable trade (e.g., between **1.5B-1.6B GP**)—ideal for conservative profit. - **High margins (~150M+):** Immediately after a content drop introducing GP liquidity or a short-term market shock. Best flipping tactics include monitoring economic events and leveraging player-driven spikes in item demand following Treasure Hunter promotions or Yak Track expansions. --- #### **Similar Investment Opportunities** To diversify, consider the following items: 1. **Other Inverted Skillcapes (120):** - E.g., *Slayer, Archaeology*: These two skills are extremely popular and see stronger long-term demand than niche skills like Firemaking. Prices have similar trends to Firemaking but often exceed 2B GP faster. 2. **Discontinued Rares:** - Black Santa Hat or Golden Party Hat (~5B-6B GP) have similar speculative scarcity appeal at higher values. 3. **Newly Limited Rewards (e.g., Black Partyhat):** - Items added temporarily during events sustain better profit margins nearer release due to artificial demand spikes. --- #### **Seasonal Price Trends** - **Positive Price Seasons:** - Post-event windows (**November-January**) when collectible investors capitalize on liquid GP after Treasure Hunter or dupes. - Stability reinforcements post-update corrections, as seen in **February 2023** behavior. - **Negative Price Seasons:** - Pre-major updates (**April-May**) when speculative selling occurs to free up cash for new hype events. Example: GP rewards from **Treasure Hunter** in **April 2024** could suppress prices temporarily as players focus on quick liquidity. --- #### **Final Notes** The **Inverted Firemaking Skillcape (120)** represents a solid medium-risk, high-reward investment in RuneScape 3’s collectible market. Despite being niche, its staggering price growth trajectory and exclusivity position it as a cornerstone trade item for seasoned merchants or prestige collectors. Pairing it with high-demand skillcapes (Slayer/Archaeology) or rare-event cosmetics balances risk while capitalizing on RuneScape’s thriving speculative economy.