Blue partyhat

Blue partyhats are discontinued holiday items that players obtained by opening Christmas crackers that were dropped as part of the 2001 Christmas event. It is the most expensive partyhat and one of the most expensive items in RuneScape; the only more expensive items being another holiday item, the Christmas cracker itself, and the Divine spirit shield or its corresponding sigil.

The blue partyhat plays a small but intriguing part of the Wise Old Man storyline. According to Draynor Bank's surveillance tapes, the wise old man killed Elfinlocks and stole the blue partyhat from her dead body while he was robbing the bank. He now wears it on his head.

Trivia

 * During the Swan Song quest, the player will ask the Wise Old Man for the blue partyhat at the end of the quest as a reward; however, he refuses.
 * The blue party hat is the most expensive partyhat in runescape.
 * Nearly every single item on Runescape protects over the partyhat upon death (Even a bucket!).