Piercing Azurite

Location: Alpine - Frostvale
Price: N/A (Reward from the 'Gravelyn's Most Dangerous Game' quest)
Sellback: 300 Gold
Rarity: Unknown Weird Rarity
Base Damage: 27-33
Description: Take your enemies down with style. The light will dance off the silvery highlights, the blues will cool them off and the thrust of the weapon will take them to eternity. Not a bad way to go, if you don't mind being vanquished.
Note: Also see Tinsel Taunter.

Thanks to ANGELO13542 and Lord Scorpion6408.