Ok, I'm bumping this because maybe I wasn't clear in my initial post. I also rolled a new toon and ran into this issue yet again. Once I finish the Companions main quest chain, I'll go back and grab Wuuthrad from the statue to keep. Here's the problem and it seems quite random, but I get the ax, and I can use the ax. However, if I drop the ax from my inventory or place it in a chest or whatever and then pick it up again, it is suddenly a quest item, and I can no longer drop it. This has occurred with two of my characters so far. I say it's random, because I have been able to drop the ax a few times and pick it up and then it becomes a quest item again, and other times I'll simply drop it once and then it's a quest item again. What's consistent is the fact that the ax always becomes a quest item in my inventory again, no matter what. I'm wondering if anyone else has had this issue or if it's simply a fluke.