Spoiler :
Just heads up, when (if) you upgrade it, item gives +1 moral to human and dwarf ally, but -1 to ally vikings and orcs. And -5 intellect, 15% lds reduction to raven(peasant, robber, robber2) , and +10% more gold from battles.
So if you really want that item just go shift + ~ , and type in chat console `item addon2_clothes_aristocrat_clothes2` , then Enter and you have it.
If you want to fight it for exp then i have no idea what is wrong with item, i found no errors in it`s code items.txt
