Mithril pickaxe is 489 gp on the OSRS GE (insta-sell 472 gp). ~2.9K/day · F2P. Down 3% on its 24-hour average.
Buy limit: 40 every 4 hours.
High alch: 780 gp — alching profits 149 gp after a nature rune.
In game it is examined as “Used for mining.” Mithril pickaxe is available to free-to-play accounts. The base game value is 1,300 gp, which is what shops price from rather than what players pay.
The Grand Exchange lets one account buy 40 every 4 hours. That is a very tight limit, so a position is built over days rather than hours. Filling it once costs about 19,560 gp at the 489 gp price recorded on 18 October 2026. The limit is per account and resets on a rolling 4-hour timer.
Selling at 489 gp costs 9 gp in tax — 2%, rounded down, taken from the seller. A flip has to clear that before it makes anything, and it is the number most margin calculators leave out.
High alchemy turns one Mithril pickaxe into 780 gp. With a nature rune at 142 gp it profits 149 gp a cast at the 489 gp price recorded on 18 October 2026.
Mithril pickaxe sees about 2.9K trades a day, which makes it moderately traded — an order may take a while to fill, so price it toward the middle. That is roughly 72 times the 40 buy limit.
How much is Mithril pickaxe in OSRS? Mithril pickaxe is 489 gp on the Grand Exchange as of 18 October 2026, with an insta-sell of 472 gp. The chart above is live.
What is the buy limit for Mithril pickaxe? 40 every 4 hours.
Can you high alch Mithril pickaxe for profit? Yes — 780 gp alch value against a 489 gp price and a 142 gp nature rune, so 149 gp a cast.
Do you need members for Mithril pickaxe? No, free-to-play accounts can buy and sell it.
Related: Mithril dart·Mithril arrow·Mithril dart tip·Mithril ore
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