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Fearsome

(Magic Item Compendium, page 11)

Price (Item Level): 15,000 gp (14th)
Body Slot: Armor or shield
Caster Level: 7th
Aura: Moderate; (DC 18) necromancy
Activation: Swift (command)
Weight:

This item is dark in color, and anyone viewing it sees fleeting, grotesque images on its surface.

When you activate armor or a shield that has this property, you create an aura of terror in a 20-foot radius around yourself. Every creature in this area briefly perceives a creature from its worst nightmare instead of you, becoming panicked for 1 round. On a successful DC 16 Will save, the creature is shaken for 1 round instead.
The fearsome property functions three times per day.

Prerequisites: Craft Magic Arms and Armor, fear.
Cost to Create: 7,500 gp, 600 XP, 15 days.