This item is part of the 'Pirate' Costume set. Unlike other costumes before it, it is PERMANENT, and does not expire. Gives various status boosts, one of the most important and most desired, being Movement Speed. Set Boosts/Individual Status Boosts will be listed at a later date in time when more information is solidified. It's rumored to be a 1% or less drop from double clicking Golden Terrapin Fish, which can be acquired by fishing in Alker Harbor Farming Region.