All helmets and boots float in the player's hand

The bug

All types of helmets and boots float in the player's hand.

How to reproduce

1. Obtain any helmet or any boots in your hand
2. Enter third person view (by default, press F5 twice)
   The helmet or boots appear floating in your hand at certain angles

Expected results

The helmet or boots would not float in your hand, and would be touching the player's hand regardless of the viewing angle.