Will old iron banner gear drop this week such nirwens mercy? Me and my clan can't decide
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Unless they changed it during the last update, the only Iron Banner drops were going to be what was available for sale from Saladin. No "hidden" weapon/gear drops. When they said they were fixing drop rates, I don't believe they said they were adjusting what items would drop. My gut feeling is no, only the gear and guns available from Saladin will drop. Bungie is very vague with this sort of thing though.