Ancient Items come in 2 variants; Ancient versions of normal items, or Unique Ancient Items.
Normal Ancient Items;
You will find normal variants of Ancient Items, such as Ancient Ruby Rings and Ancient Power Rings, these will look weak to start, but as you level them up they will randomly enhance their stats until they hit the maximum level.
[Insert Image of Level 1 Ancient Item] [Image of Level 6 Ancient Item]
Unique Ancient Items;
These drop only as Ancient Rarity; their base is still similar to normal versions, however they alter their looks as they level up.
They also have naturally better stat allocation per level.
[Preview of Ancient Unique Item]