Arcana Treasure: Hidden Properties!?Follow

Is it likely that some looted arcana treasure items have hidden properties?
Or should they all just be sold to the NPCs....

Note that some items are charms or have magic inscriptions or writings on them.

And what about items that are not "looted X treasure"?
such as:

bightly-colored faedrake wing
wind tossed black pebble
a sharp tooth
a polished boar tusk
an ocular tentacle

What confuses me is when you get *Legendary* vendor junk. Why tag it as legendary, no matter how much a vendor will pay for it

The whole concept of some items having hidden properties is that these items are not equipable, and their properties are only 'hinted' at in the item description.
Perhaps this is a good question for the devs....

If you just carry a charm with you.... does it have some effect?
Does 'a glowing lightstone' give off a beneficial light just by having it in your pack?

Other items have more intricate descriptions that hint at their properties.

I'm no transmuting expert, but the legendary vendor junk thing (Ebony Draconic Wing?) cannot be transmuted - I tried