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This piece was made by an Italian Sorcerer whose roots go back to ancient Roman magic, which has been blended with magic from all over the world.
this piece holds a Phoenix named Luminos. He is ancient and he is perched inside the center jewel of this piece. You can think of it as his egg. When you wear this piece you will incubate the egg. He will then re-cycle as a resplendent and glorious phoenix. He exists only is spirit form, but he will show himself to you when he experiences his rebirth. Whether that is in the form of visions or in person with your own eyes depends on how often you wear the piece and how well of a bond you have with him.
Regardless of the bond, once the Phoenix is reborn it will imprint on you. It will reward you with handsome riches and other types of wealth including success in business, raises, advancements at your job, high yields on investments, unexpected earnings, and other types of wealth.