### Summary of Pernix’s Quiver Pernix's Quiver, released on **July 25, 2023**, is an all-in-one ammunition slot item with the ability to store multiple arrow types, making it an invaluable tool for high-level PvM (Player vs Monster) encounters and combat versatility. It can store **tier-exclusive perks** that enhance its functionality. The quiver’s utility skyrocketed with the Necromancy skill release and the subsequent combat level cap increase, positioning it as essential for modern bossing strategies. However, this popularity has also rendered it volatile in price due to demand shifts and market manipulation. The quiver was originally obtained from the **Necromancy boss Rasial,** making it a rare drop that scales in value due to its PvM dependency. The supply is heavily bottlenecked by player participation in relevant content, which keeps it relatively scarce compared to other Necromancy-related items. ### Historical Rarity and Market Context - The quiver initially shot up in price (over **131M GP** by **May 2023**) as players recognized its utility in Necromancy setups. - Necromancy's integration into max combat **(August 7, 2023)** led to a surge in demand as it became a must-have for players tackling high-tier bosses like Raksha, Kerapac, and Arch-Glacor. - Rarity has declined somewhat as more bosses are farmed post-release, but the quiver’s universal applicability as a utility item prevents it from being "oversupplied." Its price sank at several key points due to **GP inflation events**, including exploitation updates like the **November Red Portal bugs** and the **Black Partyhat event in December 2023**, which shifted gold away from mid-tier items like the quiver into rares speculation. --- ### Price Prediction Over the Next Few Months (Late 2024 to Early 2025) #### **Past Price Trends Highlights:** Looking at the historical price data, the Pernix’s Quiver experienced three significant dip-and-spike cycles: 1. **Release-to-Acceptance Phase (July 2023 - October 2023)**: - Initial prices (131M GP) → Hovered around **140-160M GP** as early adopters motivated the market. - Eventually reached a **critical spike near 159M** in February 2023 but began a steady decline due to oversupply as more Rasial runs occurred. 2. **Necromancy and Hero Pass Debacles (August - October 2023)**: - With Necromancy integration on **August 7**, price **peaked at 107.8M GP** on July 25, 2023. Subsequent backlash from the Hero Pass system (September 2023) and supply interruptions caused spikes (up to **69-70M GP**) amidst volatility. 3. **Rares Market Shift (November 2023-April 2024)**: - Major GP removals and speculation around high-value items like the **Black Partyhat** caused a dramatic drop in value to **251K GP** by mid-December. The crash was compounded by Treasure Hunter GP injections (**April 2024 adds 1B GP prize**, diluting its real value). #### **Prediction:** - **Short-term (Q4 2024):** Expect a modest rise in price due to the **Sanctum of Rebirth boss release (July 2024)** and increased PvM participation. Likely to hover between **36-40M GP**, reflecting steady niche demand. - **Medium-term (Q1 2025):** Demand for the quiver will stabilize following major holiday item releases, driving speculative purchases. Combined with likely removal of stale GP through events, the quiver may recover to a more realistic **50-55M GP**. However, the **Mining and Smithing rework (August 2024)** might introduce competitors (arrows or ranged combat mechanics). This can slightly offset demand but won’t fully replace the quiver's utility. --- ### Flipping Margins The Pernix’s Quiver has an **average flipping margin of 2-3.5%** during stable periods. During volatile cycles (specifically following high-profile inflations or Treasure Hunter GP re-releases), it can widen to **5-7%**, especially if capitalized early in price rebounds. Historically, post-dip moments (e.g., post-Necromancy backlash in **September 2023**) have proven to be the most lucrative opportunities. For example: - **September 2023 Flip:** Buy in range of **43.3M GP** and sell post-rebound (~**47M GP**) for a **3.5M GP** profit margin. - Current Range Prediction: With prices between **30-40M GP**, you can expect a flipping margin of **1.2-1.4M GP per unit** with proper timing. --- ### Similar Items to Consider If investing in items with comparable price-performance dynamics, look at **multi-skill or PvM-value tools** analogous to Pernix’s Quiver: 1. **Blightbound Crossbows** - Consistent demand as a premier ranged weapon. 2. **Hexhunter Bow** - Extremely useful in specific boss metas; demand spikes with new ranged boss encounters. 3. **Zaros Godsword** - Price fluctuation based on its PvM/PvP applications. --- ### Seasonal Factors Influencing Prices - **Positive Price Indicators:** - New boss releases or combat updates generally drive demand for tier-specific items. - Early-year PvM-focused updates (post-holiday patch cycles) tend to reinvigorate demand as players gear farmable PvM metas. - Market stabilization post-event updates (e.g., Hero Pass revisions or Treasure Hunter GP balancing fixes) frequently hint at rebounds. - **Negative Price Indicators:** - Large-scale GP injections (e.g., **Treasure Hunter updates**) almost always introduce temporary inflationary pressures. - Holiday promotions **(e.g., December Black Partyhat event)** cause players to liquidate combat utility items to fund rares speculation. In its current trajectory, expect Pernix's Quiver to regain strength post-Sanctum boss release but with tight competition from other combat-shifting reworks.