Herald's scorched pennon
It announced the south's coming, and the south answered by burning it.
Vendor trash. Nothing in the game wants it: no recipe, no enchant, nothing to wear. Stacks in one inventory slot. Vendors pay 266 coins for it.
What drops it
The Emberfall Herald
1 in 5
Rolled on its own rather than from the loot table, so it takes nothing away from anything else that falls off it.
What it trades for
No trades in the last 30 days.