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Currently, the blue partyhat is the most expensive partyhat in front of the white partyhat. However, all partyhats (as well as the cracker they come from) are some of the most expensive items in the game. They are generally used to show how wealthy a player is and have no equipment bonuses.
During the 2013 Christmas event, a bonfire in the event area gave a health boost after 5 logs had been added to it. The health boost from this bonfire lasted for 10% longer than normal bonfires and those who got the health boost in this way received a 1% Firemaking XP boost when wearing the blue partyhat and using the bonfire. The bonus XP increased by 1% for each additional Christmas item equipped, up to a cap of 5%.
During the 2013 Christmas period (00:00 GMT December 20th 2013 until 23:59 GMT January 3rd 2014) this item counted towards the Blessing of Winter buff – wearing Christmas gear would increase the drop chance of festive crackers by 20% of the original chance and also provide you with hybrid stats appropriate for your level.
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