UO Second Age

Question about Magic Weapon Drops.

Say I loot a magic sword from a low end mob like a gazer or lich, will this magic item have the same odds of being a powerful magic item like power or vanq as if I looted a magic item from an elder gazer or dragon?

My anecdotal experience is yes. Likewise, I haven't noticed any difference in the quality of weapons that come from different "levels" of treasure chests (whether in-dungeon or treasure-map).

It's something I've never actually analyzed closely though, as it would take a LONG time and a lot of dead monsters.