### Summary of the Diamond Title Scroll The Diamond Title Scroll is a tradeable cosmetic item that was primarily distributed through Treasure Hunter promotions and is used to unlock the "the Diamond" title, a prestigious vanity symbol in RuneScape. Initially released on **June 18, 2022**, it entered the economy during a volatile moment tied to Treasure Hunter incentivization. Its rarity lies in its limited-time availability and player demand for exclusivity, despite being a cosmetic-only asset. The item has experienced wild price fluctuations due to economy-wide issues such as dupes and updates, making it a fascinating case study for speculative investments. --- ### Release Date and Rarity Released during the **"Glittering Prizes" Treasure Hunter event**, the Diamond Title Scroll was relatively rare due to the limited window for acquisition and the significant RNG required to obtain it. Its desirability stems from the exclusivity associated with rare Treasure Hunter titles amid RuneScape’s growing audience of collectors. --- ### Analysis of Historical Price Trends The item's price data highlights three primary causes for volatility: 1. **Introduction Spike and Crash (June 2022)**: On **June 18, 2022**, prices surged after release, peaking at 99M GP before stabilizing between **~8M–50M GP** within days as supply from Treasure Hunter exceeded demand. The initial spike reflects “hype premium,” while the sharp drop signals mass dumping by players. The **Duel Arena removal (January 4, 2022)** and various dupes in the preceding year inflated the in-game economy with excess liquidity, making the initial spike more dramatic. 2. **Fresh Start Worlds Boom (September 2022)**: The **Fresh Start Worlds event (September 22, 2022)** reintroduced incentives to acquire rare cosmetics, adding moderate pressure for collectors to purchase titles. The Diamond Title Scroll saw a resurgence in price, stabilizing briefly to **~3M GP**. However, this was short-lived, as general interest waned post-event, and prices declined further. 3. **Massive Crash due to Economy-Wide Issues (2023–2024)**: By **January 2023**, the **Scrimshaw dupe (700B+/hour)** and subsequent **player hacking (February)** destabilized the market. The Scroll's price spiked artificially on **March 23, 2023**, reaching **5M GP**, likely bought up by speculators during a perceived recovery, only to collapse to **~630K GP** by late 2024 due to increased overall scarcity of GP and declining demand. 4. **Treasure Hunter 1B GP Reward (April 2024)**: The **April 10, 2024 Treasure Hunter injection** of gold into the economy led to a quick price recovery to ~560K but failed to produce sustained demand. The Scroll has since re-entered a slow downward trend as the post-update economy cooled. --- ### Current and Future Price Predictions - **Current Price (December 2024):** **326K GP** The price has hit a historic low, primarily due to declining speculative interest, competition from newer cosmetics, and a shift in player priorities. - **Short-Term Outlook (Q1–Q2 2025):** Given historical trends, prices are likely to **rise modestly to ~400–500K GP** in the next 2–4 months. This is aided by post-holiday bonding activity (associated with increased disposable GP), alongside possible Treasure Hunter promotion revival events. - **Mid-Term Outlook (Q3–Q4 2025):** Without a significant update or re-release impacting cosmetics, the price will stabilize **between 450–600K GP**, with minor speculation spikes if new collectible events attract attention. --- ### Causes of Price Dips and Spikes - **Spikes:** - Treasure Hunter release and similar promotional events. - Major gold-inflation incidents (e.g., dupes or Treasure Hunter rewards). - Collectors driving demand during Fresh Start Worlds or rare item spotlights. - **Dips:** - Economy-wide GP shortages post-hack, dupe rollbacks, or Jagex interventions. - Oversupply via Treasure Hunter re-releases (though this is currently unlikely). - Competitive releases (e.g., Black Partyhat in **December 2023**) siphoning interest. --- ### Flipping Margins Given the Scroll's consistently low price: - **Typical flipping margin:** **10–30% profit per trade.** - **Recommended range of purchase:** <300K GP for quick flips at 350–400K GP. - **Seasonal flipping windows:** Best during mid-tier Treasure Hunter promos when player activity increases. --- ### Related Investments If you're interested in similar items: 1. **Emerald and Ruby Title Scrolls:** These follow similar economic trends and can serve as parallel investments. The Emerald Scroll is usually cheaper, making it accessible for bulk flipping, while the Ruby Scroll occasionally spikes higher due to collector demand. 2. **Treasure Hunter Tokens:** Tokens like Skilling or Combat-themed cosmetics benefit from temporary interest rises during events. These are typically lower risk than title scrolls. 3. **Holiday Items (Black Partyhat):** While riskier due to high entry prices, rare event cosmetics (e.g., holiday headwear) can see explosive gains in value post-event. --- ### Seasonal Performance Insight - **Positive Performance Seasons:** - Early January (post-Christmas liquidity surge). - June–July (summer events and promos). - September–December for collectors prepping for late-year economic cycles. - **Negative Performance Seasons:** - March–May, as Treasure Hunter focus wanes post-Easter. - August, as new combat developments or meta changes shift away from cosmetic investments. By using these price patterns in conjunction with wider item speculation strategies, you can improve flipping profits while diversifying into stable alternatives.