I just came across this post from one of the administrators about magic find:
“They only work on creature kills, chests however have a better table then normal kills. We wanted to avoid the game play of killing a boss and then having to equip your whole Magic Find set before opening the chest. " – Isaiah Cartwright
So…they ONLY work on CREATURE KILLs. I was wondering if people kill is considered as a creature kill in WvW. I’ve been farming medals with a full set of magic find gear (100+), but I don’t really see a difference in my luck. If people kill in WvW is not considered as creature kill, then wearing magic find gear is waste as you are sacrificing so much potential defense. I hope someone from AN can shed some more clarification on this again, Thanks!