Or if you DO do it, maybe you could play up stuff like “Yeah, but this axe is totally unworthy of you, right? I mean, it was only crafted by four dwarven forefathers, and the alloy is what, 60% mythril tops? Cheap junk!”
If the player’s interested in going that route, and making beliefs about not being willing to use any axe that doesn’t match his skill in epicness, and totally disdaining any axe that doesn’t meet his ludicrously high standards, and going on a long and noble campaign-long quest to get that one mighty and glorious axe that was forged in dragon fire and the blood of gods out of the First Stones that lay at the heart of the world… might be awesome, but even then, does it really need more than gray to make the concept work? Depending on how much gray you have floating around other than that, I guess.