Winner's Reward

Source
This item is a quest reward from The Sky Race.

Contents
Which badge is inside the bag depends on the place the player finished at.
 * First Place Valorous Commendation
 * Second Place Valorous Commendation
 * Third Place Valorous Commendation
 * Fourth Place Valorous Commendation
 * Fifth Place Valorous Commendation
 * Sixth Place Valorous Commendation