### Ruby Title Scroll: Summary, Rarity, and Release Context The **Ruby Title Scroll** is a cosmetic title unlock item in RuneScape 3. It allows players to display the "Ruby" title, part of a series of precious stone-themed scrolls in the game. Released initially as part of **Treasure Hunter promotions**, these titles are highly dependent on promotional events for supply injections, making their availability sporadic. Its rarity stems from limited-time distribution, requiring players to engage with microtransaction-based mechanics or acquire it through the Grand Exchange when available. - **Release Date**: Likely introduced during a Treasure Hunter event tied to cosmetics and special titles. - **Rarity Level**: Moderate-to-high due to its dependence on controlled Treasure Hunter releases, which are not reliable or regular. --- ### Analysis of Price Trends and Influencing Events #### Historical Pricing Data: 1. **Late 2022-2023 Volatility**: - Price spiked to **15m GP** by **September 2022**, dropping to 4-6m GP levels quickly. The large player demand possibly correlated with the announcement of **Fresh Start Worlds** (09/2022), creating FOMO around cosmetic exclusivity. - A steady decline followed, stabilizing between **2-4m GP** as speculative buying faded, with no resupply on Treasure Hunter. 2. **February 2023 Crash**: - Sharp decline to **~3m GP**, likely coinciding with the **Scrimshaw dupe** and subsequent market instability. Duplicated gold influx led to inflation, causing subtle deflation for mid-value items like this one. 3. **April-July 2023 Collapse**: - A crash to **342k GP by April 2023** and **1 GP by July 2023** is highly irregular and indicative of devastating oversupply due to potential unannounced Treasure Hunter re-releases. --- #### Key Contributors to Dips/Spikes: 1. **Treasure Hunter Re-Releases**: Releasing the Ruby Title Scroll returns supply to the market, crashing prior speculative pricing runs. 2. **Duplication Exploits**: Events like the **Scrimshaw dupe** or **Max Cash bug exploit** infuse trillions of GP into the economy, destabilizing liquid assets like scrolls. 3. **Player Attention Spikes**: Feature updates (e.g., **Fresh Start Worlds**, **Necromancy release**) create waves of new players seeking cosmetic status items. 4. **Macro Trends in Bonds & GP**: Jagex's bond price increases and Treasure Hunter injections influence player buying power and item desirability, creating indirect pressure on scroll values. --- ### Price Prediction (Next 6 Months: October 2024 - March 2025) Given historical trends and game event frequencies, the **Ruby Title Scroll** is likely to experience **gradual appreciation**, with possible volatility during the following: 1. **Post-Sanctum of Rebirth (July 2024)**: Following the update, cosmetic items may slowly climb as players regain disposable gold post PvM-oriented splurges. 2. **Treasure Hunter Updates**: A re-release would drastically harm its value. If no such update occurs, prices could rise to **~2-4m GP** by 2025. 3. **New Duplication Events**: Should another major exploit occur, expect short-term turbulence despite general upward trajectory. Projected Price Floor: 1.5m GP Projected Price Ceiling: 4m GP (in a stable market without a re-release) --- ### Flipping Margins Typical Grand Exchange flipping margins for the **Ruby Title Scroll** range between **5% and 15%** of its market value, as its rarity allows slight monopoly control in smaller quantities. At current depressed prices (sub-1m GP), buyers can scoop scrolls cheaply and wait for market recovery. Active flipping with conservative investments could yield short-term profits of 200-400k GP per transaction. --- ### Complementary Items to Invest In To diversify holdings and mitigate risk, consider investing in the following: 1. **Other Precious Stone Titles**: Titles like **Emerald**, **Diamond**, or **Sapphire Title Scrolls**, which share similar rarity and demand cycles. 2. **Limited-Time Cosmetics**: Look for Treasure Hunter promotional exclusives, such as pet overrides or skill animations. 3. **Seasonal Event Cosmetics**: Hold items from **Easter** or **Halloween events**, which consistently rise in value after seasonal demand subsides. --- ### Seasonal Pricing Effects 1. **Positive Seasonal Outcomes**: - **End of PvM Releases**: Post major updates (Sanctum of Rebirth), cosmetics regain value as demand waned during boss-centric grinds rebuilds. - **Holiday Seasons**: New Year and post-update months (January-March) usually see renewed cosmetic buying. 2. **Negative Seasonal Outcomes**: - **Treasure Hunter Injection Periods**: Expect sharp crashes during significant re-releases. - **Pre-Boss Release Periods**: Major combat or PvM expansions draw gold toward gear and supplies, reducing cosmetic demand. --- ### Final Advice Invest with caution, focusing on low-entry points (sub-1m GP), and be prepared to hold long-term for significant returns. Always monitor upcoming content updates and patch cycles for subtle clues on potential Treasure Hunter resupplies or new gold influx events.