Ok, look. im sure to get flamed, but you CAN get better then this at a low level. Even a non twink. Now a days you can kill rats with your noobie beginner sword and get plagued tails, that sell up to 1.7 pp (sell at your guild) and even your new person sowrd has a better ratio. Example of ratio. 9 goes into 47, 5.222 times.
Thats an insane low ratio. Most fine steel will be a 1/4 ratio. Ok, so a fine steel will cost you some 60pp. Ugh. But even if you bought from a merchant, look for the weapons just named. like "scimitar" not fine steel or anything. they sell for like 13-20pp.
Now... 20pp is EASY to get now... even at lvl 1. Not to even bring up the bazaar, you can get a WAY better weapon in bazaar for 20p. but Some people try not to twink at all.... why are poeple posting under this.
On a side note, many critters in EQ drop bronze and fine steel. the Lowest I know of betting one is 12. You can get bronze weapons off bandits in EastKarana. If you turn in the sashes you get quite a bit of PP and sometimes leather armor or bronze weapons as reward. In Qeynos pally guild. You MIGHT be able to loot one at level 8 in blackburrow, but I think those are usually rusty, and well... Id think the mob to get them would be closer to 12ish anyways.