As it is a Normal item, it can be traded among players once acquired.
Second Quinquennial Sword
The Quinblades are the only surviving weapons forged by master swordsmith Morad Peerse, each a unique expression of his craft. Fashioned during Peerse's Late Period, the curved, fanglike Rancor represents its maker’s growing disenchantment with his work and with life in general. Though its craftsmanship is beyond dispute, the blade itself is infused with its maker's vitriol and desire to inflict harm on others.