For me, I would have to say that the staff from World of Warcraft, Benediction, was my most prized, virtual possession:

Not only was it (arguably) the coolest looking staff in the game, it had a glowing trail of slowly fading green, phosphorous dots that followed it as you walked, ran or galloped across Azeroth. But, beyond that, there was a ton of lore and work that lead up to acquiring the staff. First, you had to obtain an Eye of Shadow, an epic drop with a cryptic message about its purpose, by farming DreadLords in the Blasted Lands (or the Dreadlord himself, Lord Kazzak), or by going to Winterspring and farming Slayers. Then you had to equip the eye of shadow, pilfered via a paltry 50% drop chance from Majordomo in Molten Core, in order to find the ghost of a priest who failed to heal the denizens of Stratholme as it was being purged by Arthas. You must succeed where she failed, and if you are successful: the branch that will complete the construction of Benediction is your reward.

As a runner-up, my second favorite staff was found in Karazhan after the introduction of The Burning Crusade expansion, called "The Staff of Infinite Mysteries:"

I acquired this staff shortly after the opening of The Burning Crusades, and while this staff's lore isn't nearly as interesting (IMO), there is a bit of trivia that many devotees of Karazhan, or enthusiasts of this particular stave, may remember. This staff, like Benediction, produced a wild looking glow trail when equipped, while the player was walking, running or riding a mount. (Almost like a black-light, LSD trail.) This effect was subsequently nerfed about a month or two after the expansion released, with no explanation. Doing so truly ruined the aesthetics of the staff, for me.

What are some items from your favorite MMOs that you have really cherised?

Edit: Please post pictures if you can find them.

I know it wasn't high level or anything... but my Jboots.

My cleric's clicky was also right up there.

Sedition sword of the bloodmoon from eq2.

Quest was epic

The Mercurial Kris in FF11 

Was a pain to get but felt so much more rewarding to finally get it.

Lu Shangs would be a close runner up 

Originally posted by Kakkzooka

For me, I would have to say that the staff from World of Warcraft, Benediction, was my most prized, virtual possession:

 

 

Not only was it (arguably) the coolest looking staff in the game, it had a glowing trail of slowly fading green, phosphorous dots that followed it as you walked, ran or galloped across Azeroth. But, beyond that, there was a ton of lore and work that lead up to acquiring the staff. First, you had to obtain an Eye of Shadow, an epic drop with a cryptic message about its purpose, by farming DreadLords in the Blasted Lands (or the Dreadlord himself, Lord Kazzak), or by going to Winterspring and farming Slayers. Then you had to equip the eye of shadow in order to find the ghost of a priest who failed to heal the denizens of Stratholme as it was being purged by Arthas. You must succeed where she failed, and if you are successful: the branch that will complete the construction of Benediction is your reward.

 

As a runner-up, my second favorite staff was found in Karazhan after the introduction of The Burning Crusade expansion, called "The Staff of Infinite Mysteries:"

 

 

I acquired this staff shortly after the opening of The Burning Crusades, and while this staff's lore isn't nearly as interesting (IMO), there is a bit of trivia that many devotees of Karazhan, or enthusiasts of this particular stave, may remember. This staff, like Benediction, produced a wild looking glow trail when equipped, while the player was walking, running or riding a mount. (Almost like a black-light, LSD trail.) This effect was subsequently nerfed about a month or two after the expansion released, with no explanation. Doing so truly ruined the aesthetics of the staff, for me.

 

What are some items from your favorite MMOs that you have really cherised?

 

Edit: Please post pictures if you can find them.

My first pet from eq2.   When it died, I actually felt bad...    :)

For me it was these ..

These are my Beastlord Epic weapons Claws Of The Savage Spirit .

They took an epic journey to aquire and they also looked mean as hell, especially with my Val Shar's armour dyed all black.

This is what it took to aquire them.

http://everquest.allakhazam.com/db/quest.html?quest=1611

Tells you something about how  that epic game when most in this thread are talking about epic weapons out of EQ

I saw the thread title and immediately thought about my Benediction/Anathema. Funny seeing the OP having the same xD So I had to post.

Oh the memories attached to it...sniff. On my first character ever in my first "real" MMO.

I also got lots of help and sunk plenty of time into getting the Tier 0.5 set, which I was wearing at the time I took this screenshot. So for me, this/these are my most cherished items from any MMO I've played. Because of the memories/people attached to them.

My first glowing sword that I bought in Darkness Falls in DAOC.  Even though the stats weren't great I loved the look and actually wore it out with use (we had durability in that game).

I got better swords with the release of TOA and other expansions, but none did I enjoy as much as that first glowy sword.

1) Fiery Defender

2) Spear of Fate

3) Benediction

My composite bow in Asheron's Call. I had to actively hunt for specific creatures to get the parts and then there was a skill check involved in creation that included breakage and loss of parts if crafting failed. Aside from the rather epic adventure of collecting the various parts from around the game world, the bow looked great and had really good stats, making it a great bow for my character for years.

Edit: Second would be my Bandit Hilt Dagger.

Originally posted by defector1968
my beloved Mandalorian armor for my Commando in SWG

^ :)

Server first headmaster's charge in WoW.

And my Ranger 1.0 Epics in EQ.

Swiftwind and Earthcaller for sure on my good old Everquest Ranger as well. Got them both without multiquesting so yeah it was a hell of a lot of work hehe. Still miss the good old days of oldschool EQ (preLuclin) when things weren't handed to you on a silver platter like so many games today.

Followed closely by Arcanite Ripper in WoW. Was lucky enough to get one of these during the pre-WotLK launch event on my Hunter. Sadly it was on my NE Hunter on the server I only messed around with Alliance on when family that played there needed help, and not on my Horde. Best item ever added to the game and not very common at all as it was only obtainable for a few weeks with only one chance at it each week hehe.

http://www.youtube.com/watch?v=cj-juM9_Q_8

Thekal's Grasp

Arlokk's Grasp

From Zul Gurub in WoW Vanilla.  When using them you had a slight chance of turning into a giant cat.

Check it out here.  I LOVED having those.