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Magic siphon

(Magic Item Compendium, page 164)

Price (Item Level): 25,000 gp (15th)
Body Slot: — (held)
Caster Level: 20th
Aura: Strong; (DC 25) abjuration
Activation: Standard (command)
Weight: 3 lb.

This short burgundy scepter has a spiral design running along its length and an open, clawlike sculpture at each end.

A magic siphon drains the magical energy from existing spell effects, rendering them powerless and ineffective in the same manner that dispel magic would.
Every creature adjacent to you when you activate a magic siphon is affected as though by a targeted greater dispel magic spell. This rod functions once per day.

Prerequisites: Craft Rod, greater dispel magic.
Cost to Create: 12,500 gp, 1000 XP, 25 days.