Drops at Death

[Thallen]

What is possible to drop at death? I'm debating going into battle mode, and I'm sure I'll die several times due to my faulty computer, so I want to know what I might drop. I know you can drop coins, flowers, cubes, but today, I saw someone drop a ring of Fighting when they died, which makes me wonder; could I possibly drop something like a ring of War, or even a spare weapon? Even more, could I drop a sack? If I put say, a cube in a sack, would the sack drop, rather than the cube? Also, it seems when a player doesn't have coins or other drop possibilities, they start more uncommon things. True, or no?