### **Inverted Dungeoneering Skillcape (120): Overview and Rarity** The Inverted Dungeoneering Skillcape (120) is part of a series of cosmetic overrides earned during the *Fresh Start Worlds* (FSW) event introduced on **September 22, 2022**. This specific inverted 120 cape was obtained by reaching virtual level 120 Dungeoneering during the event window, an achievement requiring significant time investment. Post-event, these capes became highly coveted due to their exclusivity. They are tradeable cosmetic overrides, adding a prestige factor that makes them akin to collectible rares. Their rarity is compounded by the fact that only a limited subset of players reached 120 Dungeoneering during FSW, making the cape both skill-dependent and event-locked. ### **Historical Price Trends** The price fluctuates wildly between **1.6B and 4B GP** based on data provided. Two key peaks stand out: 1. **December 20, 2022**: Price hits 4B GP shortly after FSW concludes, triggered by urgency to acquire exclusive items before new content diminishes interest. 2. **January 18, 2023**: Brief resurgence to 3B GP, likely fueled by panic-buying among collectors after other FSW-exclusive items stabilized in price. Conversely, significant dips to **1.6B - 2B GP** coincide with cash influx events, such as duplications (massive gold being dumped into the economy) or uncertainty during high-risk updates (e.g., Hacks on 02/01/2023 and Scrimshaw Dupe on 01/29/2023). There’s minimal evidence of new inverted capes being introduced outside FSW, meaning these items maintain relative exclusivity. --- ### **Analysis of Historical Influences** 1. **09/22/2022 FSW**: This event originally catalyzed the growth of the Inverted Cape market by attaching an achievement-driven rarity. However, player interest normalized as more capes circulated after FSW merged with the main game. 2. **Mass Wealth Influx Events**: Events like the **700B+/hour Scrimshaw Dupe (01/29/2023)** and the **Max Cash Exploit (05/15/2024)** temporarily inflate tradeable rares. These economic disruptions leave collectors with more disposable cash to invest in rare status symbols like the capes. 3. **Hero Pass and Cosmetic Overload (09/05/2023)**: JRage among the player base over monetization created a short-term market slump, as disillusioned players temporarily stopped trading rares. --- ### **Price Predictions (Late 2024 - Early 2025)** Given past trends around exclusivity and influx of high-value trades: 1. **Q4 2024**: The cape's price will stabilize near **2.3B GP**, reflecting high-end collector demand post *Sanctum of Rebirth* (July 22, 2024). The rework of **Mining and Smithing (08/12/2024)** adds new goals directing gold sinks away from cosmetics. 2. **Early 2025**: Price could rise to **2.8B - 3B GP**, as content stagnation typically shifts attention back toward collectibles. If any new FSW-alike event is announced, speculative buying would cause spikes. --- ### **Optimal Flipping Margins** Flipping inverted capes comes with considerable volatility but strong margins; the key is timing trades during cash influx events or content stagnation. Based on data: - Average buy price during dips: **~2B - 2.3B GP**. - Projected sell price during spikes: **~2.7B - 3B GP**. - Margins: **575M - 1B+ GP profit per trade**, assuming no undercutting due to economic shocks. **Advice**: - Focus on periods immediately after updates that inject significant gp into the economy (e.g., post-"Max Cash" or new Treasure Hunter rewards). - Avoid buying during major negative speculation events where liquidity shrinks (e.g., Hero Pass backlash). --- ### **Complementary Items** Items closely following inverted capes' behavior include: 1. **FSW Inverted Capes (Any Skill)**: Inverted capes for other high-demand skills like Herblore, Farming, or Slayer follow similar peaks and market behavior and can diversify your flipping portfolio. 2. **Cosmetic Rares (e.g., Halo of Returning)**: Event-based collector items provide similar profit margins with higher liquidity. 3. **Prestige Combat Items (e.g., Reaper Ornaments)**: Investing in prestige items post-max-level combat update (08/07/2023) often synchronizes well with inverted capes. --- ### **Seasonal Market Analysis** - **Positive Price Outcomes**: - **Winter (December-February)**: Historically sees higher prices as players focus on status-driven items during content lulls while GP from sales or TH dumps spikes. - **Post-major Exploits (e.g., Dupes)**: Wealth inflation creates demand for non-inflating collectible items. - **Negative Price Outcomes**: - **Update Cycles**: Releases like Necromancy (August 2023) or seasonal TH promo floods (e.g., Easter 2024) draw GP away from inverted capes to new high-reward pursuits. --- ### **Conclusion** The Inverted Dungeoneering Skillcape (120) stands out as a premier collectible rarity with volatile but profitable investment potential. Its tight supply and high collector demand ensure resilience against long-term devaluation. Flipping the item during seasonal market shifts and leveraging gold influx events will yield optimal profits.