Going at this completely free to play here:
Skolver Coat
Skolver Cap
Barbarous Thorn Shield
Barbarous Thorn Blade
Argent Peacemaker
Also Blitz Needle (although, keep in mind I only have 2 weapon slots)
So right now I'm at the 3* level with all of these and I just want to make sure it makes sense to continue before investing crowns in it.
Pretty standard swordy set; works nicely. Only time you'll have a problem is against slimes and gremlins, but your AP should help take care of them enough. Start thinking about investing in more weapon/trinky slots, though. They don't cost much and will open up options vastly.