Void Ring

A very recent rediscovery thanks to the efforts of High Alchemist Willewillus, the Void Ring is created by fusing the powerful Gem of Eternal Density onto the seemingly incomplete Black Hole Band. You wonder how you didn't notice how well the two fit together before. This resulting void ring has the properties of both its constituent items, and also has the extra function of being able to teleport the alchemist to wherever he or she is looking.