Mithril pickaxe

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Mithril pickaxe trades around 404 gp now, +0.2% this week, 7-day range 229–558.

Lowlast instant sell

358

Highlast instant buy

450

Flippers place a buy offer near the low and sell near the high.

Flip margin: +83; per item, after 9 tax
Flip profit / 4h: 3,320; Buy 40 · spend 14,320 (limit)
Buy limit: 40; per 4 hours
Traded, 24h: 16,266; both sides
Margin held: 59%; of the last 24h, on and off
High alch: 780; shop value 1,300

How these numbers work

Sell offer (last insta-buy)450

Buy offer (last insta-sell)− 358

GE tax, 2% capped at 5m− 9

Net margin per item+83

Breakeven sell price≥ 366

Potential profit, one 4h window

Buy limit40

10% of 4h volume1,207

10m bankroll ÷ buy27,932

Quantity (the lowest)× 40

Spend14,320

Potential profit3,320

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About Mithril pickaxe on the GE

“Used for mining.”

Mithril pickaxe last traded at 450 gp (insta-buy) and 358 gp (insta-sell) on the Grand Exchange. After the GE tax on a sale, that leaves a margin of 83 gp per item. 16,266 were traded in the last 24 hours. It is available to free-to-play players.

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Prices assume you place offers and wait for them to fill. Insta-buying and insta-selling pays the spread twice.
Selling below the breakeven price loses money, even if it is above what you paid.
4h volume is 12,073 items (3,018/hr, pace over the last 2 hours). Sized to a 10m bankroll; set yours on the home page.

Last 7 days

+0.2% vs 7 days ago

Avg / day: 20,363
7d low: 229 gp
7d high: 558 gp

Hourly mid price, the average of the buy and sell prices. Volume counts both sides.

Price & volume

When it trades

Times in UTC (game time)

Bar height is trading volumecheapestpriciest

By hour of day

By weekday

Rune pickaxe18,958 gp

Bronze axe200 gp

Mithril pickaxe price history

All-time high: 2,781 gp; 15 Oct 2015
All-time low: 231 gp; 2 Jan 2026
30 days: +6.1%
90 days: +5.8%
1 year: +16.2%

Monthly close in gp (last guide price of each month)

463Nov 25
233Dec 25
479Jan 26
562Feb 26
422Mar 26
386Apr 26
501May 26
452Jun 26
440Jul 26
474Aug 26
480Sept 26
473Oct 26

Daily GE guide prices from 28 Mar 2015 to 11 Oct 2026, from the OSRS Wiki. Data as of 11 Oct 2026.

High alch: 780 gp − 450 gp to buy − 137 gp nature rune = +193 gp per cast. Best items to alch →

Tax: Selling one at 450 gp costs 9 gp in tax (2% of the sale price, rounded down, capped at 5m gp). Tax-exempt items →

Mithril pickaxe on the OSRS Wiki ↗

Mithril pickaxe FAQ

How much is Mithril pickaxe worth?

Mithril pickaxe last sold for 358 gp (instant sell) and was last bought for 450 gp (instant buy) on the Grand Exchange.

What is the Mithril pickaxe buy limit?

You can buy 40 Mithril pickaxe every 4 hours. The 4 hours start from your first purchase, and only buying counts towards the limit.

Is Mithril pickaxe worth high alching?

High alchemy turns Mithril pickaxe into 780 gp. Buying one at 450 gp and casting with a nature rune at 137 gp costs 587 gp. That is 193 gp profit per cast at the latest prices.

Is Mithril pickaxe tax-exempt?

No. Selling one at 450 gp costs 9 gp in tax (2% of the sale price, rounded down, capped at 5m gp).

What was Mithril pickaxe's highest price?

The highest daily guide price on record for Mithril pickaxe is 2,781 gp, on 15 Oct 2015. The lowest is 231 gp, on 2 Jan 2026.

Related items

About Mithril pickaxe on the GE

Last 7 days

Mithril pickaxe price history

Mithril pickaxe FAQ