Elder III.3158

I have this exact same issue. Thanks to this post I was able to learn what was causing the problem at least. If I turn off either DPI Scaling or DX11 I am then able to preview armor/weapons, and see my character in the Hero panel. However, going back to DX9 is not an option at all due to the huge performance loss in crowded areas, and turning off DPI Scaling makes things too small to be comfortable viewing on my 4K screen (even with it set to "Larger" UI).