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The Long Sword does a little bit more damage than the Dragon Sword, Rune Sword, and Were Sword that you likely found in locked Treasure vaults, but at the cost of 5 Hit Rate and a much lower crit rate. It is a viable Weapon for FIGHTERS and RedMAGES without Silver Swords if you only care about consistent damage, but it's safe to give it a pass.
Sprite
Attack
13
Accuracy
+50%
Type
(Icon)Sword
Evasion Bonus
+1% × ((Icon)Sword skill + 1)
Magic Penalty
50%
Value
300 gil
The Longsword is a nice upgrade over the Broadsword, but suffers from a significant drop in accuracy. If you can get through the Semitt Falls without one, you can pick one up in the very next dungeon. On the other hand, it's not a terribly expensive weapon, so don't hesitate to buy one if you can afford it.