Well, if you can't find the hats/miscs and probably weapons from the new updates, they're now located in:
This is the new location. (Mentioning that the Scarecrow from the last halloween is also in this folder! In-case you wanna use that misc too).
Many people didn't know where the new hats in GMOD update were... so, here is it.
Probably valve will always add to that folder from now on (from player content). MAYBE, their own items will appear at the other folder (player->items)
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*if is according to rules*