Yellow partyhat

Yellow partyhats come from opening Christmas crackers. They are the least expensive partyhat, going for over 1.8Billion coins on the street, as of early 2010 when in fact its rarity is ranked the fourth. Many players kept them when they were dropped because it makes a player looks like they are a King/Queen due to the goldish colour and the crown shape. The release of the Royal Crown has made this somewhat obsolete, thus causing a crunch on the street price of Yellow Partyhat, making it the fifth most valuable.

Since these items have been discontinued, they tend to be highly sought after by players attempting to show off their wealth, however, other than as a show of wealth, these are almost entirely useless. If a player dies, they will tend to lose whatever Partyhats that they are carrying - this is because you cannot sell them in a general store. Due to the Grand Exchange update, the value of yellow partyhats (and other rare items) have decreased, causing a loss of money for those investing their wealth in them. As of the slow rise in prices for partyhats, this particular hat has seen the largest increase of the set, making many think about what the price will level out at.

Starting mid-June 2009, the partyhat's price started increasing. Therefore, it became almost impossible to buy a partyhat through the GE, since almost nobody sold for even the maximum price. To obtain the partyhat, players had to trade for other rising items on the forums, or in-game.

Yellow partyhat