You can try buying trading sticks and then trade them for tribal/villager clothes. You can send them to bank using a guy in the northwest part of the village. Just check GE prices because they tend to change for the color/item which gives you most profit.
u can craft battlestaves, but bad thing is that u can buy only 100 battlestaff each 4 hours, but if u have friends u can ask them to buy some for u
other then battlestaff u can make jewelry, necklases, bracers etc., just check the prices of the needed items and the alch price, there is a good...
This sounds like Neitiznot helms which u can buy for 50k on Neitiznot Island and sell for more in G.E.
P.S. This is a known guide, I have seen it here on Sythe released for free
About the godswords I was logged when the update came. So I was one of the first to try it out. My friend lend me an AGS and there was the dismantle option. But when I clicked it it said that I cant dismantle it. So it never worked. This was right after item lending was released.