### **Witch's Broom Staff Token: Summary, Release, and Rarity** The Witch's Broom staff token, released during RuneScape’s 2022 Halloween event as part of Treasure Hunter, is a cosmetic item token. It allows players to unlock the Witch’s Broom Staff cosmetic override, a recurring festive-themed item tied to Halloween events. The token's initial rarity was high due to limited availability, but it quickly became tradable on the Grand Exchange. Like Halloween items of previous years, its long-term rarity depends on re-releases, demand from collectors, and the seasonal nature of its popularity. The token experienced high demand immediately after release, with inflated prices due to player speculation. Halloween-themed items typically rise in value in months leading up to October due to festive sentiment but often crash when re-released or when speculative interest fades. --- ### **Historical Price Analysis and Insights** - **Initial Spike & Subsequent Crash (October 2022):** The Witch's Broom staff token saw hyper-inflated prices at release, hitting **1.9M GP** on its launch day (October 13, 2022). This spike resulted from speculative buying, fueled by the hype surrounding Halloween and the Fresh Start Worlds event (September 2022), where new/returning players hoarded tokens as potential investments. The massive crash to **72,240 GP** just one day later reflects speculative dumping and incorrect market predictions due to its temporary abundance via Treasure Hunter. - **Secondary Spikes & Decline (October - December 2022):** The token rebounded to **300,000 GP** by October 16 due to demand for Halloween costumes but dropped to **38,100 GP** by December. This decline aligns with diminished Halloween demand and the absence of token utility outside the holiday season. - **Recovery (2023):** Token prices climbed to **91,269 GP** by January 2023, aided by reduced availability as players stopped selling post-event. However, the **700B/hour Scrimshaw dupe in January 2023** and **mass account hacks in February 2023** caused minor volatility. Inflationary activity from these events may have dampened long-term value growth. --- ### **Price Prediction: 2024 & Beyond** Given historical patterns and upcoming events: - The **2024 Halloween season** will likely see the price rise modestly in late September through October as festive interest grows, potentially reaching **100,000 - 120,000 GP**. - Re-releases or promotional features in future Treasure Hunter events would suppress prices again, potentially revisiting early lows of **40,000 - 60,000 GP**. - Long-term value may stabilize around **70,000 - 90,000 GP** if the token is not flooded back into circulation and assuming RuneScape maintains its active player base. **Key Factors Influencing Trends:** - **Treasure Hunter re-releases**: Historically, Jagex reintroduces past cosmetic items during seasonal promotions, depressing market value. - **Economic disruptions**: Dupes, hacks, or GP inflations would unpredictably impact prices. - **Event and collector appeal:** Seasonal demand reliably spikes token prices just before Halloween. --- ### **Flipping Margins (2022-2024)** Profitable flipping margins on the Witch’s Broom staff token occur mid-season during speculative spikes or off-season troughs. Based on historical pricing, margins vary: - **During Halloween event (October):** Buy low pre-event (30,000 - 50,000 GP) and sell high (100,000+ GP), flipping for potential **200%-300% returns.** - **Off-season flipping:** Supply abundance off-season creates low buy-ins (~40,000 GP), with sell-offs around peak speculative demand for modest **50%-100% margins.** --- ### **Similar Items to Pair for Investments** 1. **Pumpkin Amulet Token** - Another Halloween-themed cosmetic. Typically follows similar seasonal trends. 2. **Skull Lantern Token** - Cosmetic with slight variance in pricing due to alternative seasonal interest. 3. **Ghostly Outfit Tokens** - Broadly desired costumes for Halloween markets. **Strategy:** Diversify by holding a small stock of multiple Halloween-themed items, as collective rises during October enhance profitability. Items less likely to get frequent re-releases (e.g., more obscure rewards) yield better stability. --- ### **Seasonal Insights** - **Positive Seasons for Halloween Items:** - September-October: Festive hype and player nostalgia grow. - Weeks before Treasure Hunter events: Speculation on re-releases sparks demand. - **Negative Seasons:** - Immediately post-Halloween: Interest drops, leading to sell-offs and depressed prices. - Major Treasure Hunter re-releases: Flooded supply from Jagex promotions diminishes value. --- ### **Conclusion** The Witch's Broom staff token follows volatile seasonal trends tied to Halloween demand, speculative investment, and economic factors. Its niche appeal makes it a viable short-term flip near Halloween but a riskier long-term investment due to Jagex's history of token re-releases. To maximize profits, focus on low buy-ins during off-season and sell at speculative peaks, complementing trades with similar Halloween collectibles.