Read the full thread for lots of pricing history, no-EQ lore theory-crafting, a particular itemization debates circa early 2000s...
Need confirmation in modern times:
-"You will find this item in the crypt in Old sebils off a skeletal harbringer .. its in the South West crypt room .. you'll need to go past the scarab room to get here and kill a few 50th lvl frogloks too. there is a door in the pyrmid you'll need to bring a mid 50s rogue to pick in order to get into the crypt."
-modern item window pic
-pic of someone wielding this