About
Panic Sell Wands, or Panic Sell X, is a repetitious phrase and potential snowclone found among the RuneScape community. The phrase is used to both satirize, and showcase, the unstable economy found within the MMORPG RuneScape.
Origin
On July 3rd, 2013, RuneScape developer Jagex released Vorago: a mountainous boss which proves to be a massive challenge to even the most skilled monster hunter. Those who dare face Vorago aim to receive his rarest riches, the best item of which being the Seismic Wand: the best magic-based weapon within the game. However, due to the rarity of this weapon, and the difficulty of downing Vorago to potentially receive the drop, this has caused the Seismic Wand to not only have a high market price among players, but to also have an unstable market price, with even the slightest buff or nerf to the Magic Skill to cause the price of the Wand to change plus or minus a couple hundred million coins.