It's an affordable upgrade to regular Spears. Paladins will see a significant improvement in their damage output even 5 levels below the required level. It doesn't offer comparable hit rates to Bows or Crossbows; the royal spear appeals to different requirements. Its main feature is its affordability. Typically new players will prefer to save money instead of spending it on ammunition for slightly higher experience rates.
Royal spears are slightly superior to Hunting Spears in terms of attack rating, and are readily available from equipment shopkeepers in premium cities, whereas hunting spears can only be looted. Royal spears will break about 3.7% of the time, the same as spears. Break percentage was tested on training dummies over a period of hours, so it should be accurate. The range from which these can be thrown was reduced in the Christmas 2007 update; from 4 squares down to 3.
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