### **Inverted Ranged Skillcape (120): Summary, Release Date, and Rarity** The Inverted Ranged Skillcape (120) in RuneScape 3 is a cosmetic variation of the traditional 120 Ranged skillcape, featuring inverted colors. It was originally introduced as part of the *Fresh Start Worlds* event, which launched on **September 26, 2022**. Players could earn this cape by achieving 120 Ranged within the temporary Fresh Start Worlds and reclaiming it later in the main game. The item quickly became a prestigious reward due to limited accessibility, exclusive Fresh Start Worlds participation, and the high effort required to achieve 120 Ranged. The rarity of the cape is significant due to its time-limited availability and the inherent difficulty of leveling in Fresh Start Worlds. This exclusivity has only heightened its desirability within the RuneScape community. With no guarantees of re-release, this cape remains a high-demand tradable cosmetic item, cementing its status as a long-term collector’s item. --- ### **Price Analysis and Historical Trends** **Price Trends Overview:** From the provided pricing data, the Inverted Ranged Skillcape (120) has experienced extreme volatility. Prices have ranged from **100M GP** during a dip on January 11, 2023, to **550M GP** at multiple points (e.g., November 26, 2022, and January 3, 2023). The most recent reliable highs hover between **450M GP and 500M GP**, showing an overall recovery from the 100M GP dip. **Key Price Influences and Events:** 1. **Early Stability (2022 Q4):** Prices stabilized around 300M GP after Fresh Start Worlds, but promotional cosmetics from Treasure Hunter likely diluted the short-term rarity perception, preventing an immediate price explosion post-event. 2. **Surging Post-New Year (2023 Q1):** Prices spiked sharply to 550M due to heightened collector activity after Fresh Start Worlds migration. The January 2023 Treasure Hunter promotions likely reallocated gold wealth toward limited exclusives like the Inverted Skillcape. 3. **Sudden Collapse to 100M (January 11, 2023):** Likely tied to gold flooding the market. Either the residual impact from the **January 4th, 2022 Duel Arena removal**, or early fallout from Jagex recovering accounts after the **700B/hour Scrimshaw dupe (January 29th, 2023)** caused hoarders to liquidate high-value assets like the cape. 4. **Rebound (Late January 2023):** A natural correction occurred, with items recovering as daily transactions slowed after the Scrimshaw dupe was patched. 5. **Long-Term Scarcity Prediction:** Post-2024 updates (e.g., **Max Cash update, Mining/Smithing rework**), investor interest in exclusive items like this cape will likely increase as high-level players regain purchasing power through GP injection events. **Upcoming Market Dynamics:** - **Near-Term Volatility:** Expect localized dips due to continued seasonal Treasure Hunter promotions and mid-rare item dumping. Any duping or GP injections through **combat reworks or TH rewards (e.g., April 10, 2024, "1B GP added to Treasure Hunter")** could result in short-term undercutting in the market. - **Gradual Price Floor Stabilization:** Anticipate a steady rise toward 600-700M over the next 6-9 months as collectors hold the cape. Once supply diminishes, traders willing to pay premiums for exclusive cosmetics will dominate the market. --- ### **Price Predictions Over the Next Few Months** Based on historical fluctuations and upcoming events: 1. **Short-Term (3 Months):** Likely to fluctuate between **400M and 520M GP**, with minor dips around April 2024 due to Treasure Hunter "Gummy Pet" and duping events. 2. **Mid-Term (6 Months):** Prices should rise steadily as GP inflows stabilize. Expect **550M to 650M GP**. 3. **Long-Term (End of 2024 - Early 2025):** The rarity factor will push stabilized prices solidly past **750M**, aided by increasing exclusivity and slower trade volumes. --- ### **Typical Flipping Margins** - **Low Volatility Period Margins:** ~10-20M GP. The cape's price stabilizes in periods of low trade activity, making flipping relatively low-risk. - **High Volatility Period Margins:** ~50-80M GP. Sudden undercutting during events (e.g., patch releases or Treasure Hunter updates) offers larger arbitrage opportunities for active traders. - **Best Buy/Sell Timing:** Buy during noisy or rapidly deflating markets (post-event liquidations). Sell after Jagex publicizes updates that increase GP circulation or after prolonged periods without TH cosmetics diluting demand. --- ### **Complementary Items to Invest In** To diversify and maximize profits alongside the Inverted Ranged Skillcape (120), consider other inverted capes or time-locked cosmetics: 1. **Inverted Magic Skillcape (120):** Historically follows similar price movement trends. Often serves as a comparable substitute for ranged players switching aesthetics. 2. **Inverted Slayer Skillcape (120):** A rarer cosmetic with slightly higher demand due to broad appeal across combat fans. Its supply is tighter, potentially outperforming the Ranged Skillcape. 3. **Masterwork Spear of Annihilation:** Matches well with high-tier items for long-term players. As skills like Necromancy introduced higher-level gear outlets, this niche weapon experiences rising demand. --- ### **Seasonality and Market Impact** - **Positive Seasons for Price Growth:** - **December-February:** Gold inflow from player-stimulating events (Treasure Hunter exclusives, rare promos) typically inflates demand. - **Post-large updates:** Post Necromancy or Combat Rework GP adjustments will push niche collectibles upward. - **Negative Seasons for Price Dips:** - **April – June:** After prolonged events such as Easter promotions or GP redistribution (e.g., dupes during Treasure Hunter), collectors often liquidate for other rare investments. --- ### **Final Insights** The Inverted Ranged Skillcape (120) is an exceptional high-value, low-supply item with increasing demand from collectors. Its pricing trajectory is heavily influenced by RuneScape’s GP supply dynamics, seasonal updates, and market manipulation events, making it a lucrative yet volatile investment. Long-term traders should capitalize on its inherent rarity and scarcity-driven appeal while flipping conservatively during market spikes. Pairing this with similarly rare inverted cosmetics or niche high-tier equipment can optimize portfolio performance heading into RuneScape’s constantly evolving economy.