This item is called King's Hide Shield. The number of coins is correct, though. Here are the stats.
Magic, Lore, No Trade, Prestige, Placeable
Class: WAR PAL SHD BRD
Race: All
Slot: Secondary
Size: LARGE
Weight: 13.4
Rec Level: 95
Req Level: 92
AC: 250
HP: 2494
Mana: 2393
Endurance: 2393
Strength: 31 (+11) Stamina: 45 (+16) Intelligence: 41 (+10) Wisdom: 36 (+10) Agility: 36 (+15)
Dexterity: 18 (+12) Charisma: 22 (+11)
SV Magic: 57 SV Fire: 60 SV Cold: 58 SV Disease: 64 SV Poison: 77
Attack: 29
HP Regen: 6
Mana Regen: 3
Spell Shield: 3
Combat Effects: 6
Shielding: 4
Damage Shield: 5
DoT Shield: 4
Damage Shield Mitigation: 2
Avoidance: 7
Accuracy: 8
Stun Resist: 4
Strike Through: 3
Heal Amount: 19
Spell Damage: 18
Clairvoyance: 44
Slot 1, type 8 (General: Raid)
Slot 2, type 3 (General: Spell Effect)
Slot 3, type 20 (Ornamentation)
This item is placeable in yards, guild yards, houses and guild halls.