Major Cloak Of Displacement (50,000 gp)

The material below is Open Game Content from a 3PP Source

Cloak of Displacement, Major
Aura moderate illusion; CL 7th
Slot shoulders; Price 50,000 gp; Weight 1 lb.
DESCRIPTION
This item appears to be a normal cloak, but on command its magical properties distort and warp light waves. This displacement works just like the displacement spell and lasts for a total of 15 rounds per day, which the wearer can divide up as she sees fit.
CONSTRUCTION
Requirements Craft Wondrous Item, Extend Spell, displacement; Cost 25,000 gp