- Weathered and torn, this tough leather cap lets everyone on board know who's in command.
- +8% Critical Hit Damage
- +15% Bleeding Resistance
- +5% Experience Bonus
- +10% Gold Drops
I found it twice in Mulhold Fasting in the chest on the wooden platform after the first 2 jump points. Judging from this I think this is the cap's permanent location, but I request confirmation from other players. Please either confirm or disprove the location if you've found this item.
I also found it in this location. One more person find it there, and it should be considered verified to that location.
Third person just found it there, definitely it's location.