Gauntlets of the Titans

[Raelyn]

gauntlets of the Titans may be made using the following ingredients:
20 iron bars
1 potion of strength
1 bottle of philosophical oil

That is gauntlets of the Titans (armour +13)
It is made of: metal
It weighs 45.000 kg
You would get 63 platinum coins, ...

Does it seem bizarre to anyone else that an item that requires 20 iron bars (20*175p or 1/5th Tig) and one gold key (1/6th Tig), has terrible stats, and is a virtually pointless and worthless item to create?

I mean, if it costs a potion of strength to make it, shouldn't it have (Str+1) at the very least? If it takes SOOO much iron to make it and is so heavy, shouldn't it get an (ac+1) or something?

What exactly about these gloves invokes the namesake "of the Titans"?

In Greek mythology, the Titans (Greek: Τιτάν Tītán; plural: Τιτᾶνες Tītânes) were a primeval race of powerful deities, descendants of Gaia (Earth) and Uranus (Heaven), that ruled during the legendary Golden Age. They were giants of incredible strength and were also the first pantheon of Greek gods and goddesses.