It's a piece of ribbon that hangs to one side when worn that was created out of old Flags that was torn a bullets.
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VIT +2
LUK +2
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Decreases damage received from ranged physical damage 10%.
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Type: Armor
Class: Headgear
Defese: 1
Position: Upper
Weight: 10
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Requirements:
Base Lv: 20
All jobs except novice