Obtained: Guild CoP on Zeb, on May 13, 2001.
This item was stealth-upgraded recently when Verant's EQ Live team retuned some rewards in the PoS zone.
Stats are same, but Effect is now Haste. It is right-clickable, unlimited, lasts only ten seconds, self only, gives the self message "Your heart begins to race", others see "<player name> begins to move faster". The Haste effect DOES stack with the Ranger Epics Haste effect AND some Enchanter Haste spells. And the most important part of the entire item: You do not need to wear it to righ-click the Haste effect. Place in a main inventory slot (like jboots) and click to activate.
-Rev