Red partyhat

Red partyhats come from opening Christmas crackers that appeared in the 2001 Christmas holiday event. The partyhat sets are expensive due to their rarity, being a discontinued item. Party Pete and all of the Party Room staff wear red partyhats. They rose considerably in price with the introduction of free trade. It is currently the most expensive item in the game



Trivia

 * In RuneScape Classic, the Fancy Clothes Store in Varrock's south-east area stocked a red partyhat; but there was just a place holder for it (at 0 stock) which was never filled. Players waited for hours and hours to see if it would spawn, but it never did and was later removed due to the frustration of some players' time being wasted.
 * The Red partyhat and the Blue partyhat were the first items to reach the 1 billion mark on the Grand Exchange.
 * In March 2011, the Red partyhat passed the blue partyhat in value on the Grand Exchange, thereby becoming the most expensive item on RuneScape.