Talking about Rares

Why is my bank filled with rares when you can't use them. I've been asked this a lot. So I'm going to explain why I choose to fill my bank with rares. First off, I would like to give you a question why do people buy Corvette's and other exotic cars when they do the same thing as a ordinary cars like Volkswagen? Its a sign of status in real life and rares apply in the game of Runescape. Unlike other items rares like the party hat will never be redropped again. So the only way to get one is to buy it from other players.

Rares have always been one of the fastest way to earn money from merchanting and I would even say the highest form of merchanting but I don't want to lead anyone on in merchanting rares, rares are a gamble for merchanting as times you can't get rid of them and sometimes you just have to sell it lower then you bought it for or else you will lose to much.... But there has to be risks if you want to make a lot of money fast, if you have read my older blogs you would know as soon as I made enough money I bought a santa and virtually turned that santa hat to what you see today.

I started buying my first santas for 200k. Whats does that say? More people join Runescape every single day, making my rares increase in value. Right now you can see prices are dropping and gaining. But just take a look at how much the prices jumped from when I started to now. The bottom line is. More people= Inflated market for rares.

Armour and weapons will drop eventually, take a look back at the abby whip, when it first came out people were trading their party hats over it! I remember seeing someone selling one for 100million. Look how much it dropped today, if its replenishable the price will go down, unless the ratio of people starting the game is greater then the actual drops from the monsters.

So back to the original question "Why do you fill your bank with rares?". The answer is simple. It holds its value the best in the long run when your not playing seriously anymore like me you don't need weapons or armour so why not just invest your money into a rare? When I first made my bank video it was worth 1.1bill. Right now I would say my bank is worth 960mill. It dropped but I really do believe it will go back up. Not in a day or week or even a month but a year down the road, I do believe it will go up a few million.