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It is one of three items that can be obtained by killing and skinning Lobo the Wolf. As with all items from Legendary Animals, it fetches a very high price when sold to merchants. It is grouped with Lobo's Heart and Lobo's Pelt, as all three are awarded when Lobo is skinned.
- Note: prices listed on this page are based upon the player having neutral honor and playing the game on Normal difficulty. If the player has high honor, the selling price will be Increased by 50% everywhere except Thieves' Landing. Low Honor decreases selling price by 50% everywhere except Thieves' Landing. While playing the game on Hardcore difficulty, money is more scarce and the base, neutral honor price of each item will be slightly lower.
In Singleplayer, Lobo can be found near Aurora Basin, in the Northwest end of Tall Trees in West Elizabeth. He must be killed and skinned to complete Master Hunter - Rank 10, along with Gordo the Boar and Brumas the Bear.
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I reckon you could impress me by adding to it. Don't be shy now.
If you're logged in, it'll help you earn them fancy achievements, too.