I just bought 2 items with a start in their name at the end......im assuming thats a legendary item correct......can you remove the effects to apply to another itme?

Is there anything cool you can do with legendary stuff?

As a general rule, Legendary effects cannot be pulled from an item. I believe the only exception is Lorenzo's Artifact; this is because it's not a unique weapon, but a standard Gamma Gun with a unique mod. Removing the Lorenzo's Artifact dish from the weapon turns it into a standard Gamma Gun, and adding the Lorenzo's Artifact dish to a standard Gamma Gun turns it into a Lorenzo's Artifact weapon.

If you're on a PC, I believe there are ways to add legendary effects to normal weapons, but on consoles, you can still mod legendary weapons or armor like it was the normal item to change the basic stats, but no way to alter the legendary effect except for the above example.

Lorenzo's Artifact is one example, but you can also do the same with Kremvh's Tooth - the base weapon is a generic Machete with the unique "Sacrificial Blade" attachment instead of a standard Machete blade. So if you ever find a legendary machete, you can pull the Sacrificial Blade off of Kremvh's Tooth and put it on your legendary Machete.

I knew there were other examples of this, but the Lorenzo's Artifact was the only one that I knew for sure. I didn't know that the Kremvh's Tooth worked the same way. I wonder if there are any other unique weapons that work this way?