Lol...

http://gw.gamewikis.org/wiki/Star_of_Transference

You pay one Skill point + Materials to get one skill point xD

...to be able to transfer that skill point to another character.

This is good to move your skill points from a high level character to a low level character. Not there yet and I don't know mechanics of the item, but seems like a great way to quickly level up a mule.

Could come in handy if you are going for skillhunter

lol...at you. turning your skill point into a tradeable item..that's got some merchandisable merit.

What the heck is the point of that thing???

sweet, you could sell ema s well, WTS Skill Point! 50K! Whisp Me!

............

Better farm for this one, it beats everything:
http://gw.gamewikis.org/wiki/Scroll_of_Resurrection
http://gw.gamewikis.org/wiki/Powerstone_of_Courage