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Night Reaver vs Bearded Axe

Night Reaver
Binds when equipped
Two-HandTwo-Handed Axe
52 - 78 DamageSpeed 3.30
(19.7 damage per second)
Requires Level 18
Chance on hit: Sends a shadowy bolt at the enemy causing 67 to 101 Shadow damage.
Sells for 31 Silver 89 Copper to vendors
Item Level 23

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Bearded Axe
Two-HandTwo-Handed Axe
31 - 47 DamageSpeed 3.30
(11.8 damage per second)
Requires Level 15
Sells for 10 Silver 60 Copper to vendors
Item Level 20

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Side by side:

Set your class weights in Preferences to see which is better for you.

Stat Night Reaver Bearded Axe Δ
Item Level 23 20 −3
Required Level 18 15 −3
DPS 19.7 11.8 −7.9
Speed 3.30 3.30 0
Damage 52 - 78 31 - 47
Sell Price 31s 89c 10s 60c −21s 29c
Binding Binds when equipped

Δ is Bearded Axe minus Night Reaver: green where Bearded Axe is better, red where it is worse (a lower required level is better; speed and sell price have no better side). Total Stats adds up Str, Agi, Sta, Int and Spi.

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