Cool, thanks Koz-ivan, I wasn't sure if it would work with any items, but I did realise that the bag of holding worked like a store and I had a feeling that was why this worked, however, the next question is 'does it work with other bags (eg the Gem Bags and once per day rings or amulet's etc.)?'. It would seem that some further research is required
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Nicodemus Deathslayer, Paladin and Undead Hunter of the Order of the Holy Flame