Ancestral hat

Ancestral Hat is a members-only item on the OSRS Grand Exchange in the other category.

In-game examine text: "The hat of a powerful sorceress from a bygone era."

It has a Grand Exchange buy limit of 8 every four hours, a high alchemy value of 27.0k gp, and item ID 21018.

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Ancestral Hat currently has a flip margin of −924.2k gp, which isn't profitable to flip right now despite 625 trades over the last 24 hours.

Items with negative or zero margins like this are better watched than actively flipped until the spread widens.