Leather

Leather is a free-to-play item on the OSRS Grand Exchange in the other category.

In-game examine text: "It's a piece of leather."

It has a Grand Exchange buy limit of 13,000 every four hours, a high alchemy value of 1 gp, and item ID 1741.

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Leather currently has a flip margin of −3 gp, which isn't profitable to flip right now despite 129,480 trades over the last 24 hours.

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