Some imp or drake dropped it just outside Sanctum Cay - still can't make it to Fisherman's Haven!
Stats:
Dmg: 14-20 (req 7 Swordsmanship)
Dmg +17% when health is below 50%
+7 Armor (vs. physical attacks)
PC on Gold Fiery Brute Sword of Shelter
Roxane_Odeline
Twiggy
not a very popular damage mod
not max damage
= MERCH ??
Might want to wait for some other opinions though
not max damage
= MERCH ??
Might want to wait for some other opinions though

R34N
not max dmg = ascalon or merchant
Hell Raiser
I agree with the above post, though you could probablly get more for the shelter mod then the sword itself