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Found in the Fort Pale Pass Vaults during the Shattered Legacy questline, on a pedestal between two braziers. In a hidden room, a pull chain is hidden in a alcove that will open the room.
When found it is called Ancient shield. After talking to Auryen during the quest it gets named. After Shattered Legacy it reaches its final form.
The round named version is part of a static replica display in the Reception Hall after completion of Shattered Legacy.