Partyhat

Party hats, or phats for short, are obtained by opening christmas crackers, dropped during the 2001 Christmas event. There are six different coloured partyhats, all with the same shape. When worn by a player they resemble a crown. Party hats have no stat bonuses. Because they are discontinued, they are very rare and much sought after. Partyhats can usually fetch between 98,200,000 and 304,200,000 coins when sold, however they don't give any stat bonuses and are usually worn to show wealth. These are currently some of the most valuable objects in RuneScape. However, party hats are very unstable, usually skyrocketing in price, or crashing. They are either used as junk to trade extremely rare items, or traded with junk depending on the current street prices (probably due to their 1% trade margin, and not being able to keep up with current street prices.)

Due to their high price, they have become recognised as a symbol of wealth in the game by players and non-player characters alike.

Holdfire is the richest player in runescape. He has 10 partyhat sets and 3 christmas crackers.

NPCs with Party hats

 * Party Pete has a red partyhat, however this is only to correspond to his name and function rather than showing wealth. The female bar-tenders upstairs in the Party Room also have red partyhats.


 * The Wise Old Man in Draynor Village wears a blue partyhat, which he obtained by stealing it from Elfinlocks in the Draynor Bank Robbery.

The party hats
There are six party hat colours: blue, white, red, green, yellow, and purple. There is a rumour that a Black partyhat once existed, but it is false. A Pink partyhat is what the Purple partyhat was in RuneScape Classic.


 * [[Image:Blue partyhat large.gif|A blue partyhat]] Blue partyhat
 * [[Image:White partyhat large.gif|A white partyhat]] White partyhat
 * [[Image:Red partyhat large.gif|A red partyhat]] Red partyhat
 * [[Image:Green partyhat large.gif|A green partyhat]] Green partyhat
 * [[Image:Yellow partyhat large.gif|A yellow partyhat]] Yellow partyhat
 * [[Image:Purple partyhat large.gif|A purple partyhat]] Purple partyhat

Spelling - partyhat or party hat
The names of each party hat contains "partyhat" as a single word in-game; for example, "white partyhat". However, for party hats in general, it is spelt as two words with a space between "party" and "hat", because that is how it is spelled when non-player characters speak of them.

Jagex and party hats
Jagex have stated that they wish to never recreate the effect that party hats have had on RuneScape's economy. Toma sucks balls. This is the reason that tradeable holiday drops were removed and replaced with events with untradeable rewards.

Trivia

 * When examined, the Party Hat says "A Nice Hat from a Cracker.", which refers to Christmas cracker, which when pulled gave a party hat and a few other items.
 * It is rumored that you can no longer High Alch or Low Alch a Party Hat. This has NOT been confirmed and it is STRONGLY recommended that you do not try this.