"This small, hand-wrought ornament appears to have broken off from an ancient weapon.
This first age relic can be used by crafters who reforge first age weapons and class items."
This item drops from a chests in The Tower of Orthanc and Ost Dunhoth.
You can win this item from the Lottery: Worn Symbol of the Elder King and/or Gift of the Elder King of which you can enter at http://my.lotro.com/home/lottery.
This item is also a random drop from the:
Steel-bound Lootbox (70-75)