Pledge of Loyalty: Ironforge

A Pledge of Loyalty: Ironforge is a pledge gift given out by Ironforge Guard NPCs during the Love is in the Air seasonal event. These are combined into packages which are in turn hierarchically combined with other pledge packages for buffs and rewards.

All of the Love is in the Air pledge gifts are non-functional as regards their name and picture. You cannot read a Pledge of Loyalty: Ironforge

Source
Pledge of Loyalty: Ironforge is one of two pledge items (the other is Ironforge Guard's Card) that can be found inside a Pledge of Adoration: Ironforge or a Pledge of Friendship: Ironforge, given by Ironforge Guards as part of the Love is in the Air event. There is always one and only one of these two pledge items in each of these containers. (The Pledge of Friendship contains only the pledge item; the Pledge of Adoration contains gifts as well.) The odds of getting either pledge item appear to be about even, but in the short run you are likely to get a stack of one while trying for the other.

You will need one free inventory slot or a current stack of less than 20 Pledges of Loyalty: Ironforge in order to remove a Pledge of Loyalty: Ironforge from its container. To remove the Pledge of Loyalty from its container, right click the Pledge of Adoration or Pledge of Friendship to open it.

Ingredient
If you have five or more Pledges of Loyalty: Ironforge in your inventory, right clicking on any of them will consume five and create an Ironforge Pledge Collection.

Inventory space
The Pledge of Adoration: Ironforge and Pledge of Friendship: Ironforge container items do not stack. Opening your Pledges of Friendship: Ironforge should save inventory space, since both pledge items stack 20 high. It is generally useful to NOT autoloot a Pledge of Adoration container - the Love is in the Air event items quickly consume any available inventory space. If you have autoloot turned on, you can hold down the shift key while right clicking the Pledge of Adoration to not autoloot it. You can then remove only the items that you need at the moment.

Be careful when combining these into packages, the Pledge of Loyalty: Ironforge pledge item stacks 20 high, but the Ironforge Pledge Collection package item does not stack at all.

Ironforge Guards
There are only male Ironforge Guard, no females, so gender identity issues not withstanding, your (male or female) character has to use a Perfume Bottle to get the "give a " dialog, if you want to gather these pledge items.

All of the Ironforge Guards are dwarves. For the Love is in the Air gift items given by non-guard NPCs, the race of the NPC, not the location, determines which city's gift item you get. Since all of a city's guard NPCs are the same race, the distinction does not come into play for the pledge items.

Transferability
This is a conjured item. It cannot be sold at the Auction House, mailed nor put in a guild bank tab, but it can be given, sold, or traded with other player characters using the trade window. Unfortunately, that means you cannot pass these directly to an alt on the same account.

Duration
This item is primarily useful during Love is in the Air and the seven day duration of the item is longer than the event, so is not a handicap. It does prevent you from saving these for the following year.