Items, especially when it comes to equipment, comes in varying degrees of rarity. The base item has a rarity, and then you further enchant/customize the item to make it unique.
These rarities are as follows:
1. Common
2. Uncommon
3. Rare
4. Legendary
5. Epic
6. Unheard-Of
These rarities are as follows:
1. Common
2. Uncommon
3. Rare
4. Legendary
5. Epic
6. Unheard-Of