### Summary of the Pirate Hook (Left) The Pirate Hook (Left) is a cosmetic off-hand item in **RuneScape 3** that contributes to the pirate aesthetic for roleplayers and fashion enthusiasts. It is part of a two-item set (Right Hook being the counterpart) and valuable for its rarity, as it is a discontinued Treasure Hunter reward. Available during specific promotional events, its niche appeal as a high-tier luxury item in the fashion and collectibles market has cemented its desirability. **Release Date:** Originally released as part of a Treasure Hunter promotion on **June 4, 2015**. **Rarity:** Highly rare. Few remain in circulation due to its discontinued status, compounded by its low retention by players since the item appeals to a niche. **Current Trend:** Strong luxury collectible with potential volatility from economic shocks. --- ### Price Trends Over Time & Influencing Events Below is a breakdown of item values with notable correlated events: - **2023 Prices (~81M–114M)** Prices during January 2023 experienced erratic oscillations likely due to the **700B+/hour Scrimshaw dupe** (01/29/2023) and the preceding **mass player hacks** (02/01/2023), creating GP instability but offering a solid collectors' market. The influx of liquid cash caused fluctuations between 83M and 114M. - **2024 Prices (~79M–128.4M)** The hook’s average value increased markedly, reaching **128.4M in May 2024**, likely fueled by unbalanced GP surges from the **Max Cash exploit** (05/15/2024) and earlier **1B GP Treasure Hunter rewards** (04/10/2024). Treasure Hunter's manipulation of the economy has indirectly boosted discontinued items in recent years. Subsequent dips to **98M in July 2024** are largely speculative unwinds following the ***Sanctum of Rebirth update*** (07/22/2024) drawing capital into PvM gear. #### Insights: Correlations between Treasure Hunter events, gold influxes, and major exploits directly impact high-value discontinued cosmetics like the Pirate Hook. Recent GP-generating mechanics and increased player sentiment toward collectibles will affect future prices. --- ### Price Prediction Given previous trends, the Pirate Hook (Left) will likely follow a pattern of upward price resilience driven by its luxury status: 1. **Base Value:** Expect steady growth back toward **118M–135M** by Q1 2025 as the item's rarity fuels demand amidst reduced gold sinks. 2. **Short Term:** Likely a **+3–5% spike (~102–105M)** near **December 2024**, driven by holiday promos and more trading activity. An additional bump could occur if another Treasure Hunter or GP influx event arises. 3. **Risks to Growth:** Price may underperform if **Smithing reworks** (08/12/2024) or **bank dupes (11/01/2024)** flood GP or divert investments toward manufacturing skill metas. --- ### Typical Flipping Margins for Pirate Hook (Left) The Hook’s high price creates an excellent range for short-term flips via Grand Exchange merchanting or player-to-player trading: - **Buy-Low Threshold:** ~96M–98M GP during dips. Check for crashes post-large PvM updates (e.g., **Sanctum of Rebirth**). - **Sell-High Threshold:** ~123M GP historically; the optimal range is ~115M–120M for faster exits. - **Profit Margin:** Expect **~12–15% gains minimum per successful flip.** Greater margins (~18–21%) possible following exploit-influenced dips if you hold through market recoveries. --- ### Comparable Items for Investment To diversify your portfolio, consider other discontinued cosmetics, particularly those benefitting from niche demand and Treasure Hunter rarity. Suggested items: 1. **Right Hook:** Naturally complements the Pirate Hook (Left) for collectors, with synchronized trends. Invest during dips below 95M. 2. **Golden Cane:** Similar luxury aesthetic; rare with slightly higher trade volumes. 3. **Dragon Ceremonial Set Pieces:** Previously offered in Treasure Hunter; avoids GP sinking while benefiting from urban aesthetics. --- ### Seasonal Investment Tips Economic trends in RuneScape exhibit stark seasonality with updates, promotions, and gameplay patterns. To optimize investments: 1. **Bullish Periods (Price Rises):** - **Winter Events:** Christmas/New Year historically boosts collectibles due to higher gameplay hours and disposable GP. - **Post-PvM Updates:** Major boss releases (e.g., **Ruins of Camdozaal or Necromancy-launch**) create GP dumps for gear but indirectly grow vanity item demand. 2. **Bearish Periods (Price Dips):** - **Post-GP Exploits:** Treasure Hunter updates or dupes (e.g., **Easter 2024**) often create short-term GP dilution pressures. - **End of Fresh Start Worlds (FSW) Seasons:** September milestones (e.g., **Hero Pass era**) reduced GP circulation into discontinued items temporarily. --- ### Final Recommendation The Pirate Hook (Left) is a solid long-term investment for high-net-worth players capitalizing on RuneScape’s collectible economy. Exploit price dips from economic shocks and pair it with complementary discontinued investments (e.g., Right Hook, Golden Cane). Monitor Treasure Hunter event announcements and seasonal trends to maximize returns through buy-lows and strategic flips.