• Flashing Dragon's Eye
• Item Level 80Disenchants into:
  Not disenchantable
• Binds when picked up
• Unique-Equipped: Jeweler's Gems (3)
• +34 Parry Rating
• Requires Jewelcrafting (350)
• "Matches a Red socket."
• Sell Price: 1 12 50

Flashing Dragon's Eyes are crafted by Jewelers with a skill level of 370.

Source

[Design: Flashing Dragon's Eye] can be purchased for 2 by  Tiffany Cartier <Jewelcrafting Supplies> in the jewelcrafting shop in Dalaran or by  Anuur <Jewelcrafting Supplies> at the Argent Tournament in Icecrown.

Materials required: 1x [Dragon's Eye]

Required tools: 1x [Simple Grinder]

Patch changes

• Patch 3.2.0 (04-Aug-2009): [Dragon's Eye] gems stat bonuses increased. In addition, these gems are no longer prismatic and must be matched to the appropriate colored socket to activate an item's socket bonus.
  

            Old was 27 Parry, changed to 34.

• / Patch 3.0.2 (14-Oct-2008): Added. 
  

External links

• Battle.net (EU)
• Wowhead
• Thottbot
• WoWDB