The Bracelet of the Cobra

A coiled golden ornament fashioned from two ornate cobras worked spring-tight, fitted to wrap around the wearer's arm. The work is delicate and old, the gold not quite the color of any gold the party had seen before.

Drawn from the Coffer of Equivalent Exchange in the Sunken Pyramid in trade for a collection of items freely offered — Jorath's Wand of Secrets, two blink acorns, Kouzlo's Oil of Slipperiness, Thalen's Scroll of Misty Step and melee weapons, a piece of the Coralia reef, and Aldric's enchanted greataxe.

Properties (requires attunement): Functions as Bracers of Defense. While wearing the bracelet, the wearer gains a +2 bonus to Armor Class if they are wearing no armor and using no shield.