Why can I not trade some gear in DDO sometimes?

Why can I not trade some gear in DDO sometimes? - Diligent black female worker setting signboard outside cafeteria at sunny day

One of my friends is doing item deconstruction for our group and I've found that some of the items I tried to trade are resulting in a fail message. These items are not bound on acquire/equip. In fact, we seem to have been able to trade them after a period of time.

The items do not appear to be class specific or use specific. They are deconstructable.

Is this just a bug or is there a reason why we can't always trade?

UPDATE: Screen attached w/ item and error message. I am 100% sure I was never wearing this item as well. enter image description here






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