Why Santa Hat Runescape Expensive?

Recently we saw santa hat price drop a lot. But at current price santa hat is one of the most expensive item in Runescape. Why santa hat expensive?..Here maybe some answer to that question.

1. Santa hat is discontinue item. It mean you can't get it anyway except buying from other player or Grand Exchange. So it quantity will never increase.

2. Because you can wear santa hat, not like other discontinue item example disk of returning, jug of wine, easter egg and other. You can wear to show other that you are rich player.

3. Santa hat also very popular because it look cool and elite. It suit well with many armor especially santa suit.

4. Santa hat quantity become less in the games due to many elite player had quit with santa hat in their accounts.

5. Another factor that make santa hat expensive is a lot money coming into the games. After PVP world introduce player can make money easily, this lead to price of all item increase drastically. With a lot rich player in Runescape demand for santa hat also increase.