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its impossible to die on tutorial island
If your in a Bounty hunter world +1 you lose everything but the most valuable item you keep. But if you die in a normal world with a skull you lose everything, but you can get your stuff back if you get to your grave in time.
While on RuneScape PVP worlds, if you die, you only lose the items you are carrying, not those in your bank, never in RuneScape will a death directly affect your banked items.
No, you do not.
then you waste about a couple hundred of coins. sell the statuettes to xenia