Global Luck - increases the potential for low drop-chance items to be earned - increases the chance that the weapon/armor will be named - increases the chance that that other items than weapon/armor will be rare - does NOT effect inventory caches
Best item to have luck on are your bags (for example: Artisans Satchel). Luck on your weapon/shield is NOT active when looting a chest (since you sheathe them).
Gathering Luck (Logging, Harvesting, Mining, Skinning) - improves the chance that the player receives additional rare components (for example gems while mining)
That information comes from a forum post, which got unfortunately deleted with the forum.
There are two types of Luck: Global Luck and Gathering Luck (Logging, Harvesting, Mining, Skinning and many different perks for fishing)
Global Luck
- increases the potential for low drop-chance items to be earned
- increases the chance that the weapon/armor will be named
- increases the chance that that other items than weapon/armor will be rare
- does NOT effect inventory caches
Best item to have luck on are your bags (for example: Artisans Satchel).
Luck on your weapon/shield is NOT active when looting a chest (since you sheathe them).
Gathering Luck (Logging, Harvesting, Mining, Skinning)
- improves the chance that the player receives additional rare components (for example gems while mining)
That information comes from a forum post, which got unfortunately deleted with the forum.