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Frost brand

(Dungeon Master's Guide v.3.5, page 226)

Price (Item Level): 54,475 gp (18th)
Body Slot: — (held)
Caster Level: 14th
Aura: Strong; (DC 22) evocation
Activation: Standard (command)
Weight: 8 lb.

This +3 frost greatsword sheds light as a torch when the temperature drops below 0°F. At such times it cannot be concealed when drawn, nor can its light be shut off. Its wielder is protected from fire; the sword absorbs the first 10 points of fire damage each round that the wielder would otherwise take.
A frost brand extinguishes all nonmagical fires in its area. As a standard action, it can also dispel lasting fire spells, but not instantaneous effects, though you must succeed on a dispel check (1d20 +14) against each spell to dispel it. The DC to dispel such spells is 11 + the caster level of the fire spell.

Prerequisites: Craft Magic Arms and Armor, ice storm, dispel magic, protection from energy.
Cost to Create: 27,000 gp (plus 475 gp for base item), 2160 XP, 54 days.