# Iron pickaxe price

> Iron pickaxe Grand Exchange price right now (118 gp), with buy and sell prices, 24h volume, our own price history, buy limit, high alch profit and the GE tax.

Canonical: https://osrsgrandexchange.com/items/iron-pickaxe
Last updated: 2026-11-02

Free-to-play item. Item id 1267.

Examine: “Used for mining.”

## Price now

Prices as of 2026-11-02 00:20 UTC.

**Iron pickaxe has held steady: within 8% of its 30-day average and last week's price.**

|  |  |
| --- | --- |
| Price | 118 gp |
| 90-day range (daily averages) | 30–178 gp |
| 30-day average | 118 gp |
| Change 24h / 7d / 30d | +16.3% / -4.1% / -19.2% |
| Instant buy | 186 gp (2026-10-30 08:29 UTC) |
| Instant sell | 50 gp (2026-10-30 08:23 UTC) |
| Volume 24h | 2,398 |
| 1h average buy / sell | 168 / 118 gp |
| 24h average buy / sell | 142 / 94 gp |
| Buy limit (4h) | 40 |

## Selling

- GE tax each: 3 gp
- You receive: 183 gp
- Flip margin after tax: 133 gp
- Per buy limit: 5,320 gp

## High alchemy

- High alch value: 84
- Low alch value: 56
- Profit per cast: -254 gp

Buying one at the instant-buy price plus a nature rune; fire runes assumed from a staff.

## Iron pickaxe price, last 7 days

Hourly averages from our own history.

|  | Instant-buy average | Instant-sell average |
| --- | --- | --- |
| Oct 26, 2026 (first point) | 131 | 62 |
| Oct 30, 2026 (last point) | 168 | 118 |

Range plotted: 1 to 226 gp, over 83 points.

## Iron pickaxe price history

Daily averages. Since Apr 8, 2026 the lowest daily sell average was 27 gp and the highest buy average 743 gp.

|  | Instant-buy average | Instant-sell average |
| --- | --- | --- |
| Apr 8, 2026 (first point) | 263 | 268 |
| Oct 31, 2026 (last point) | 142 | 94 |

Range plotted: 27 to 743 gp, over 207 points.

## Questions

### How much is Iron pickaxe worth in OSRS?

About 118 gp right now on the Grand Exchange: the last instant buy was 186 gp and the last instant sell 50 gp. Over the last 24 hours 2,398 were traded.

### What is the GE buy limit for Iron pickaxe?

40 every 4 hours.

### Is Iron pickaxe worth high alching?

High alchemy gives 84 coins. Buying one at 186 gp plus a nature rune makes that a 254 gp loss per cast right now.

### How much tax do you pay selling Iron pickaxe?

3 gp each at 186 gp (2%, rounded down, capped at 5m per item), so you receive 183 gp.

Item id 1267. Prices update every five minutes.

## Related

- [GE tax calculator](https://osrsgrandexchange.com/ge-tax-calculator)
- [Best items to alch](https://osrsgrandexchange.com/high-alch)
- [How we get prices](https://osrsgrandexchange.com/about)