This bag can only hold one item at a time, however once the item is removed from the bag, if it had any kind magical properties, they are reversed. If a item had an element enchantment, the element is randomly changed. The process can be reversed if the item is placed back into the bag and removed once again. If something doesn't have any innate magic, the state of its matter changes and the item becomes magical.
i.e. A sword of Dragon Slaying might become a Sword of Giant Slaying, or a weapon enchanted to do fire damage could instead do thunder damage, a non-magical sword would become a liquid sword or a gaseous one retaining its shape, but it is no longer solid.
A weapon that becomes liquid may then become magical giving +1 to attack and damage at the DM's choice, as well as gaining +5 ft to reach
A weapon that becomes gaseous may then become magical giving +1 to attack and damage at the DM's choice, as well as gaining the throw property and become weightless
A weapon may become solid if the weapon's base form was not solid, becoming magical giving +1 to attack and damage at DM's choice, as well as gaining the heavy property, the material being of good quality yet still random
Notes: Utility, Container
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