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Just to clarify, with option 2 "anniversary items coming back with a lower rate" we don't necessarily mean its going to drop from the same enemy as before, or even in the same location as the next anniversary item. It just means it will be a lot harder to obtain than during anniversary when the item is released. Could be anything. Other quest, year round somewhere on the regular droptable, chance as a prize for a certain challenge, etc. It will be obtainable, but nowhere near as easy as during the actual event.