rare?

Vampiric Spatha of Defence
Slashing 15 - 22 (Req 8 Sword)
Dmg +18% (While hp is Below 50%)
Life Stealing: 3
Health regen -1
Armor +5


couldn't get a PC in the PC forum so I am trying here.
Any Help would be greatly appreciated. I bought this unidentified for 10k.
Thanks in Advance. Definitely wrong forum. But this item looks to me like salvage or merchant material.

Salvage it and hope for Vampiric Hilt. and then have hard time selling it for 8k like i have now