Iron pickaxe

Iron pickaxe

1/10 Low

Used for mining.ID: 1267

Buy Price (Instant)

196 gp

Sell Price (Instant)

198 gp

Spread

-2 gp (-1.02%)

Margin (after tax)

1 gp

ROI

0.5%

GE Tax

1 gp

1h Change

-2.5%

Buy Limit

40 / 4hrs

High Alch

84 gp

Price History

Trade Volume

Iron pickaxe — GE Price Analysis

Used for mining. Iron pickaxe is a free-to-play item traded on the Old School RuneScape Grand Exchange.

Iron pickaxe trades for 196 gp, making it one of the cheapest items on the GE.

Iron pickaxe has very low trading volume (3 recent trades), which means wider spreads and slower fills. The buy limit of 40 every 4 hours is worth planning around when scaling flips. At the current margin, flipping the full buy limit yields up to 40 gp profit every 4 hours.

Iron pickaxe currently has a positive margin of 1 gp after the GE tax, resulting in an ROI of 0.5%. A flip rating of 1/10 suggests this isn't the strongest flip opportunity at the moment, but margins can shift quickly. The price has dropped 2.5% in the last hour, which could signal a buying opportunity if the margin improves.

Iron pickaxe has a high alchemy value of 84 gp, but at the current buy price it is not profitable to alch.

Use the flip calculator above to estimate your profit based on quantity. Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.

Flip Calculator

Total Cost7,840 gp
Total Revenue7,920 gp
Total Tax40 gp
Total Profit40 gp
ROI0.51%

High Alchemy

High Alch Value84 gp
Buy Price196 gp
Alch Profit (excl. nat)-211 gp
Profit/hr (~1,200 casts)-253,200 gp

GE Tax Breakdown

Sell Price198 gp
Tax (1%, max 5m)1 gp
Net Proceeds197 gp
Effective Tax Rate0.505%