Iron spear

Iron Spear is a members-only item on the OSRS Grand Exchange in the weapons category.

In-game examine text: "An iron tipped spear."

It has a Grand Exchange buy limit of 125 every four hours, a high alchemy value of 54 gp, and item ID 1239.

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Iron Spear currently has a flip margin of −26 gp, which isn't profitable to flip right now despite 574 trades over the last 24 hours.

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