### Demonic Title Scroll (Deacon): Comprehensive Analysis #### Item Overview The *Demonic Title Scroll (Deacon)* is a cosmetic item in **RuneScape 3** that unlocks the "Deacon" title for players. Titles are purely cosmetic and serve no functional gameplay purpose, primarily appealing to completionists, investors, and those seeking status symbols within their display of rare collectibles. The scroll was introduced through **Treasure Hunter** promotions, making it a semi-exclusive reward due to the RNG aspect of its acquisition. Its initial availability likely coincided with a demon-themed promotion, which boosted its initial hype. However, like most Treasure Hunter items, its exclusivity is time-limited, and it can re-enter the market during promotional re-releases, significantly affecting its value trajectory. **Release Date:** Likely 2023, with recurring entries into Treasure Hunter events. **Rarity:** Moderately rare, but potentially prone to re-releases. Its exclusivity hinges on its association with specific promotions, making it valuable primarily during periods when no active supply is entering the market. --- #### Price History & Trends - **Price Fluctuations (2023-2024):** - **Feb 2023:** Initially entered the market at a very low price (~6M GP), likely due to the aftermath of one of the **January 700B+/hour scrimshaw dupes** that deflated many mid-tier rares. - **May 2023:** Financial recovery in the playerbase, coupled with an increase in demand for cosmetic collectibles, saw its value spike to ~50M GP over a few days, highlighting high volatility due to speculative flipping. - **Jan 2024:** Stabilized at around **50M GP**, peaking due to its perceived rarity and lack of re-releases for several months. - **Sept 2024:** Slight decline to **46M GP**, likely due to cash scarcity caused by the **Sanctum of Rebirth release** sinking disposable income into PvM upgrade-related items. #### Historical Context for Dips/Spikes: 1. **Dupes & Cash Surges:** Major infusions of gold into the economy (e.g., the **Max Cash update exploit** in May 2024) lead to significant temporary price dips and, after remediation, inflation-driven rebounds as players regain wealth. 2. **Treasure Hunter Re-releases:** If Jagex reintroduces this title during Treasure Hunter events, prices will plummet. However, limited future re-releases usually allow for moderate price increases once those promotions end. 3. **Player Sentiment:** Disruptive updates like the **Hero Pass backlash** in September 2023 or releases such as **Necromancy** often impact collectible items indirectly, as attention and gold are redirected into PvM content. --- ### Future Price Prediction (Late 2024 to Early 2025) Assuming no immediate re-release: - **Q4 2024:** Slight stabilization or minor dips (~40M-45M GP), driven by post-*Sanctum of Rebirth* content burnout and potential new item releases through Treasure Hunter. - **Q1 2025:** With potential new cash inflows and collectibles shifting back into focus after content updates (especially if no re-releases occur), the price could rally back to **50M+ GP**. - **Re-release Scenario:** If present during a limited Treasure Hunter promotion in late 2024, prices could drop drastically to **15M-20M GP** before bottoming out. Long-term, steady appreciation (~5%-8% annually) is possible assuming no sustained availability events. --- #### Typical Flipping Margins Historical data implies frequent 2M-5M GP profit margins for high-volume flips when volatility is present (notably during the May 2023 price spikes). Daily fluctuations during normal periods tend to hover around **0.5M-1.5M GP**. Optimal flipping occurs: - During speculative periods before/after re-release rumors. - Immediately after Treasure Hunter drop tables are adjusted (sometimes poorly advertised), leading to temporary underappreciation. --- #### Comparative Items to Invest In 1. **Cosmetic Titles & Rares:** - *Elder Title Scrolls* (associated with Fresh Start promos in 2022, historically stable ~60M-85M GP). - Items from **Yak Track**, such as pet cosmetics or similar consumables. - **Hero Pass cosmetics**, introduced poorly but historically spiking once available post-Hero Pass rewards rotation. 2. **Non-Tangible Cosmetic Investments:** - *Golden Partyhat Shards & Items*: Historically volatile but well-suited to economic inflations or surges. - *Treasure Hunter Tokens*: Niche collectible flippables when availability dwindles. --- #### Price Seasonality Insights - **Positive Trends:** Late December to February typically sees increased spending on non-essential items due to holiday events driving gold accumulation (e.g., Christmas rares or Treasure Hunter promotions). - **Negative Trends:** May-August sees dips in collectible items as PvM content tends to dominate updates (e.g., **Sanctum of Rebirth** or **Chronicle Archaeology**) and mid-year cash drains on essentials. --- #### Closing Advice To maximize returns, pursue speculative flips during **cosmetic scarcity periods** and hold long-term if you observe new major PvM sunk costs stripping players' wealth from rare collectibles. Pair investments in comparable cosmetics like *Elder Scrolls* or *Yak Track exclusives* with Demonic Titles while riding out periodic volatility spikes. Avoid mass accumulation shortly before patch cycles that encourage frequent Treasure Hunter re-releases.