### Deep Analysis of the Ruby Cape #### Summary, Release Date, and Rarity The Ruby Cape is a mid-tier backslot item introduced into RuneScape 3 **on March 12, 2018** during the Treasure Hunter promotion "Gemstorm." It gained popularity as a visually striking cape, themed with intricate red and gold designs, which appealed primarily to cosmetics collectors and skilling-focused players due to its aesthetic value. While initially relatively common because of its Treasure Hunter origins, the Ruby Cape has since become scarcer due to two major factors: **the time-limited nature of its release** and **discontinued tokens from earlier game events being siphoned out of circulation.** Its current status classifies it as semi-rare in the economy, particularly due to its designation as a retired Treasure Hunter promotional item within the ultra-rare pool. #### Historical Price Data and Trends The Ruby Cape has historically followed Treasure Hunter retirement trends, spiking in price approximately 12-18 months after removal from Treasure Hunter due to nostalgic demand. Historically, prices fluctuated further based on **gold injection crises**, **cosmetic-driven meta cycles**, and item introduction competition due to other prettified, legacy-styled capes like the Twilight Cape or its siblings (Emerald and Diamond Cape). Notably: - **After the Rollback Dupe (November 2021)**: The Ruby Cape saw minor inflation due to excessive gold inflow but did not rise comparably to more premium rares like partyhats or keepsaked weapons. - **Fresh Start Worlds (September 2022)**: New players purchasing returning cosmetics marginally increased the cape demand due to keepsake aesthetics competition. - **The Hero Pass Backlash (September 2023)**: Attention shifted toward Necromancy capes, triggering a slight demand reduction for the Ruby Cape for a 2-month cooldown period window. Minor calculated giveaway restoring supporting choppy cape medium healers-