Availability: Once every 30 minutes per standard zone repop.
The Dracolich is a minor run, easily doable with two people.
Preparation
Check mems, reagents, a single use of dispel area can be helpful, some form of charm and make sure it is night time as the run can only be done then.
A bloody key made of bone
Next head to Dungeon Avarice, from the entrance, head all south all down all north, all east, all north, east, all north, down, then 2 west, south east, southeast, up, west, southwest, down and down again. This will lead you to a room called Unknown if possible cast dispel area to allow easier navigation. Head northwest and follow the path, be careful as this first mob is in CPK and it's easy to get trapped in here. Killed An ancient red dragon and continue to until you receive a bloody key made of bone from him.
Large key made of bone
Return to the Unknown intersection and go north, kill Anthraxus the Diseased One and get a large key made of bone from him too.
Small bloody key
Return to the Unknown intersection and head southeast. Follow the path heading as east as possible. Go south and kill A lich lord, and get the final a small bloody key from him.
Sacrifice
Return to the Unknown intersection, head south and locate a young sucubuss, often found in a hidden room a few rooms south, charm one and take it back up from the Unknown intersection, you should cast some armor spells on it and sanctuary if you can. Continue along the path, go north at the intersection and then along the first east. Once you get to the altar, give all 3 keys to the priest and then say "sacrifice". He will perform a sacrifice and then give you the real key to unlock The Dracolich's door.
The Dracolich encounter
From here, go all east until the first south, go 2 south and prepair in the safe room. Make sure no one is around, check who for people in the underground and try track them, if it's all clear continue southeast, southwest, west, all up. Unlock the door and attack The Dracolich who will most likely be hidden in the room. He isn't really hard, but he paralyzes and you can get cpked very easily here. He casts alot of draining spells, and every so often will instant cast several breath attacks in one round, which can do upwards of 800 damage.
The Dracolich carries:
Item 'a scale of the Dracolich' is type artifact, alignment 0, made of flesh, has keywords 'Dracolich scale'. This item weighs 0 stones and 1 pebbles, and is valued at 29,500 gp. This level 60 item has the attributes: identified insulated no-rent A scale of the Dracolich is in excellent condition. Although the flesh of the dreaded Dracolich weathered away many moons ago, this small scale has remained, clinging to its bones as a last remembrance of the magnificent days when the Dracolich would scour the skies of Alyria searching for wizards to consume. Magic resonates from within this small scale, and it feels somewhat warm to the touch. Item 'the hellstorm dagger' is type weapon, alignment -600, made of mithril, has keywords 'hellstorm dagger', equipped wielded as a weapon. This item weighs 0 stones and 45 pebbles, and is valued at 51,600 gp. This level 235 item has the attributes: identified invis no-auction insulated unbreakable The hellstorm dagger is in excellent condition. Weapon type is dagger, does 153 points of pierce damage for 1 stamina, accuracy 14. With your knowledge of 'dagger', this weapon can cause 232 damage against 0 ar. Special weapon attributes: sharp This item has 2 empty Relic bindings. *This item may be repaired 4 times. The Hellstorm was wrought in the depths of the deep dark abyss with all the hatred of a hundred tortured souls born into it. The edge glows with a devilish blue light, and it seems to grasp for your soul, and thirsts for the taste of blood once more. Using a weapon such as this will surely put a strain on your mind, but will be deadly to your opponents.
Item 'the tail of a dracolich' is type weapon, alignment -700, made of bone, has keywords 'severed tail huge dracolich whip', equipped wielded as a weapon. This item weighs 0 stones and 41 pebbles, and is valued at 133,900 gp. This level 241 item has the attributes: no-sac nodecay no-dispel no-repair bind-on-take always-equipment-index The tail of a dracolich is in excellent condition. This item has a default lifespan of 272 days and will expire on Sun Nov 4 02:50:46 2012. Weapon type is whip, does 166 points of negative-energy damage for 1 stamina, accuracy 13. With your knowledge of 'whip', the tail of a dracolich can cause up to 271 points of damage against 0 ar. Excepting defenses and dynamic modifiers, you will hit 87% of the time. Special weapon attributes: frost Affects pierce-prcnt by 6. *Your vitality must be greater than or equal to 16 to use this item. (Enforced) *This item may be repaired 1 time and renewed 4 times. The severed front claws of a huge undead dragon lay here in your hands. Huge and heavy, the claws are made of a ghostly white bone and seem to grab for you, wanting you to wear them. A soft glow eminates from deep within the assorted bones. The power can almost be felt from within as you hold them in your hand. +++ the tail of a dracolich will, when worn in conjunction with a spring- loaded artificial coccyx, double the damage of the coccyx' tail lash. +++ the tail of a dracolich has a chance, in combat, to crack on its wielder's opponent's face, opening a gash and reducing their head-ar by -8 for 5 minutes, at a cost of 80st, at a rate of 5% per round.
Note: A scale of the Dracolich is used for the Mark of Famine.