Cloak of Battle

This sturdy cloak is woven through with steel fibers that give it a subtle sheen. The cloak of battle has three powers. First, it provides a +4 armor bonus when worn. Second, on command it can be transformed into an iron staff that functions as a +1 quarterstaff or back into cloak form. Third, the wielder can command the cloak to make a disarm attempt against an adjacent opponent as a standard action, using the wielder's base attack bonus and as if it had the Improved Disarm feat (the cloak is considered to be the same size category as the wearer). If the cloak succeeds at the disarm, it can fling the weapon up to 10 feet in any direction as a free action that does not provoke an attack of opportunity (the weapon cannot be thrown at a creature as an attack).
CL 3rd; Craft Magic Arms and Armor, Craft Wondrous Item, cat's grace, mage armor, magic weapon, creator must be at least 8th level; Market Price: 22,600 gp; Weight: 1 lb.
Source: Magic of Faerûn