Ok, check out this bow.. pretty sweet.
There is a quest where you can get a hammer, and give it to someone.
She will then imbue one of your items with magic.
That's what I did here. The problem is that you can only do quests once.
But, me and one guy did test to see if the hammer could be given to another player
Yes, it can... meaning that we can make dummy characters to get the hammer,
then give it to a real character. :)

Oh, and that ear there in the inventory.. it's mine. That guy was nice enough to give it back to me.