A Ball of wool is an item used in the crafting skill to add string to amulets and it is also used in the Sheep Shearer and Prince Ali Rescue quests. Balls of wool can be spun by using wool on a spinning wheel, granting 2.5 Crafting experience.
A balls of wool are primarily used to string amulets in order to be able to wear them. Stringing amulets gives no experience. They may also be used to string unstrung holy and unholy symbols.
The fastest method to obtain large amounts of Balls of wool is to cast Lumbridge teleport, collect a full inventory of wool, then teleport to Draynor using a Charged Dragonstone Amulet and bank the wool.
The recommended inventory set-up for this method would be:
- Charged Dragonstone Amulet
- Staff of Air
- Law Runes
- Earth Runes
- Sleeping Bag (optional) Your fatigue will increase from teleporting, but instead of carrying this you may choose to withdraw it only when needed.
After acquiring the desired amount of wool, teleport to Falador and use the spinning wheel that is located across from the Eastern bank.
Using this method can result in being able to gather over 1,250 Balls of wool per hour. Assuming you are able to sell these at near 1,000 ea this method can gain you over 1,250,000 coins per hour. Although, prices may range between 500 - 1,500 ea. (625,000 - 1,875,000 coins per hour respectivey)
If you don't have Lumbridge teleport or a Charged Dragonstone Amulet, you can simply walk to Lumbridge and collect the wool, then walk to the bank in Draynor. With walking you can collect around 400 Balls of wool per hour.