This weapon has a carved peephole or sighting tube worked into its design, and its hilt is set with a faceted diamond.

You can shoot or throw a precise weapon at an opponent engaged in melee without incurring the standard –4 penalty. This benefit does not apply if you already have the Precise Shot feat.

Prerequisites: Craft Magic Arms and Armor, Precise Shot.
Cost to Create: 1,000 gp (plus 300 gp for base item), 80 XP, 2 days.