Adamant pickaxe

Used for mining. Adamant pickaxe is a free-to-play item traded on the Old School RuneScape Grand Exchange.

At just 1,650 gp, Adamant pickaxe is a low-cost item that can be flipped with minimal starting capital. The buy-sell spread is 84 gp (5.1%), which indicates a wide gap between instant buy and sell — typical of less liquid items.

Adamant pickaxe has very low trading volume (68 recent trades), which means wider spreads and slower fills. The buy limit of 40 every 4 hours is worth planning around when scaling flips.

Adamant pickaxe currently has a negative margin of -115 gp after tax, meaning instant flips would result in a loss at these prices. Margins fluctuate throughout the day — check back later or set a price alert to be notified when the margin turns positive. The price has dropped 1.9% in the last hour, which could signal a buying opportunity if the margin improves.

High alching Adamant pickaxe yields a profit of 160 gp per cast (before nature rune cost). At ~1,200 casts per hour, that's up to 192.0k/hr in passive income while training Magic.

The 5.1% spread on Adamant pickaxe is wider than average, which typically reflects thinner order books and less frequent trading. Wide-spread items can be rewarding when the margin holds, but fills may be slower than with high-volume staples. A 1.9% price dip over the last hour suggests mild selling pressure. If the margin remains positive, this could be a short-term buying opportunity.

At the current prices, Adamant pickaxe is not profitable to instant flip. If you hold this item, consider selling gradually via limit orders above the instant sell price rather than accepting the current spread loss.

Track margins and find profitable trades with the Flip Finder. Use the High Alch Calculator to check whether this item is worth alching as an alternative exit strategy.

Compare alch profits across all items on the High Alch Calculator. Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.