I do not currently have access to my collectors edition items. For some reason my collectors edition items are equipped, but when I scroll over them it says "Requires Collectors Edition". Any help would be appreciated seeing as how I paid extra to get the items that I currently can not use.
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If you are playing on the same system you purchased the collectors edition for, try restoring licenses: http://www.bungie.net/en/Help/Article/12181 If you are on a different system (I.e. Purchased collectors ed on Xbox one, and are playing on 360), note that the premium and preorder content is only available on the system it was purchased/redeemed for.