• Insignia of the Black Guard
• Item Level 1Disenchants into:
  Not disenchantable
• Quest Item
• Unique

Source

This item drops from Black Guard Swordsmith in Stratholme.

Insignia of the Black Guard as a quest objective

This item is an objective of  [50D] Corruption^ω τ ϖ.

External links

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