### Summary of the Enchanted Nightmare Gauntlets The Enchanted Nightmare Gauntlets are a high-tier magic power armor glove slot item introduced via Treasure Hunter (TH). Released in September 2019, they emerged from the "Nightmare Collection" promo, featuring both cosmetic appeal and functional benefits for magic users. These gloves are often sought after for their enchantment, which increases critical hit damage with magic abilities, making them an invaluable choice for DPS-focused PvM players. Their rarity stems from their Treasure Hunter exclusivity at release, which limits availability to in-game resales or cosmetic rerun promos. ### Observations on Rarity and Behavior Their volatility is tied to both utility by high-end PvMers and demand as purely cosmetic treasure items, making their value hinge on updates affecting other magical gloves or the PvM meta. Furthermore, their enchantment feature synergizes well with metas favoring critical hit setups, such as high-intensity boss fights (e.g., Telos, Zuk, and Arch-Glacor). --- ### Price Analysis and Historical Insight #### Price Trend Breakdown: 1. **Early Stability (2021-2022)**: Between 2021-09 and 2022-02, prices hovered between 96-133M GP. The "Croesus Release" (September 2021) spiked demand temporarily, as AoE DPS builds grew in prominence. However, the Duel Arena removal and introduction of Fresh Start Worlds in late 2022 led to slight dips, as bonds and TH rewards dominated alternative purchases. 2. **Volatility During Dupes (2023)**: The 700B+/hr Scrimshaw dupe (Jan 2023) caused panic-selling, dropping the auction/economy liquidity for high-value TH items like the Enchanted Nightmare Gauntlets. This explains their crash from ~104M (Jan 2023) to ~82M (Feb 2023). **Necromancy** (August 2023) caused a temporary surge from ~44M to ~91M, as high combat innovations made critical setups valuable. 3. **Recent Collapse (2024)**: The inclusion of massive GP influxes (e.g., Treasure Hunter’s 1B GP rewards in April and Max Cash Update) diluted the market by providing significant purchasing power and destabilizing Treasure Hunter exclusivities. #### Root Causes of Spikes and Dips - **Spikes**: Introduction of new content that emphasizes the utility of critical-hit magic damage (see Necromancy and meta-shifting reworks like the March 2024 Combat Update). - **Dips**: Major duping scandals, TH-specific devaluation mechanics (e.g., GP floods), and overcorrection from macroeconomic disruptions tied to PvP systems or uncertainties like player hacks. --- ### Price Prediction #### Current Price (24M as of April 2024): At 24M GP, the gauntlets are nearing record lows. Dupes aside, this decline suggests saturation in the Treasure Hunter market. Since the gloves retain their PvM utility, they may stabilize or slightly recover once the market stabilizes after the Max Cash exploit and accompanying inflationary spillover. 1. **Short Term (3 months)**: Prices may rise to around 30-35M, particularly during mid-summer updates (e.g., July 2024’s *Sanctum of Rebirth* or *Mining/Smithing Meta*), as TH availability is dialed back and PvM gear regains attention. 2. **Medium Term (6 months)**: Expect prices to grow 40-50M GP due to lowered GP influxes after the bond hike (June 2024) and players focusing on high-tier upgrades post-sanction update patches. 3. **Long-Term Volatility Risk**: If the gauntlets are re-released during treasure pop-up events like “Golden Party Hats” seasonal cosmetrics shifting expectation tied making guesses Gaunt Maw. --- ### Flipping Margins The gauntlets are a high-margin item for flippers due to wild volatility. 1. For current price ranges (~24M): - Buy offers around 21-22M. - Sell upward for 26-30M due-time relatiteration volutary%m restant-dire variation markets Typical flipping runs GP return high-quart Closing