You see a shrunken head necklace (protection physical +5%, energy +5%, fire +5%, manadrain +5%, ice +5%, holy +5%, death -10%, speed +10, health regen +100/1s, mana regen +100/1s).
Enchantments: 2 slots. It weighs 5.50 oz. This necklace is awarded to the sensei of Jinx's dojo.
Obtained through The Dojo quest.