Blue wizard hat (g)

Blue Wizard Hat (g) is a free-to-play item on the OSRS Grand Exchange in the other category.

In-game examine text: "A silly pointed hat, with colourful trim."

It has a Grand Exchange buy limit of 4 every four hours, a high alchemy value of 1 gp, and item ID 7394.

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Blue Wizard Hat (g) currently has a flip margin of −108 gp, which isn't profitable to flip right now despite 464 trades over the last 24 hours.

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