Word to the wise: I transferred a character last night and lost my Sorcerer's Cap when I dragged it directly from my 'worn items' backpack to my paperdoll (it was on my cursor, then upon equipping, it vanished). I would suggest moving all of your equipment from said bag to your backpack and then equip. Of course, I cannot guarantee that this will avoid the bug from occurring, but it might be a way to avoid the problem. FWIW, I think my character may now be bugged, still getting the message "your armor combines to protect you" but now missing a piece. Resists are also not displaying the expected 70s resists, and I can equip a hat without issue. And before the suggestions roll in, GMs are unable to restore "lost" items. I paged one immediately and got nowhere, left a message via Feedback | Mythic Entertainment | Ultima Online and have not received a response. There goes some clean up points. Oh well, loving my new home! Hope this helps future transferees.