As pointed out by the lads over at cardtalk2018 in a recent podcast there is the reflection of a dwarven face in the top left of the axe that I never noticed before and will likely never be able to unsee. It legitimately jumpscared me because even as a newer player I've looked at this card many a time and never saw it before. Is this anyone else's first time seeing this?
Dwarven Axe
Item. Weapon.
Attach to a hero. Restricted.
Attached hero gains +1 (+2 instead if attached hero is a Dwarf.)
Gimli, The Two Towers
Core Set #41. Tactics.

Dwarven Axe has lost it's shine. In the early life of the game, it was one of few attack boosting attachments, and even then you had dunedain mark, which is not restricted. Now there are so many other cards that get the job done better. Still, though; two for two on a Dwarf is a fair deal.
I just finished buying the first Mirkwood cycle, so for me is this axe still the best weapon attachment in the game so far. I use it only with the dwarfes and the difference it makes it's still visible. Very nice artwork, but still hope there's gonna be more weapon attachments coming. Verdict: 4/5.
At least when dealing just with just the core set, getting this card on Gimli along with 4 damage, gets him up to 8 attack. This also makes Quick Strike with Gimli very powerful as you can take out most enemies before they attack. While you can put more damage on Gimli with Citadel Plate, Dwarven Axe is a bit cheaper, which means you can get it out faster. And In most cases 8 attack is enough. That said, if you have the resources, you could always put both on and get him him to 12 attack to enable handling a hill troll or something similar in one hit.