I don't believe so. I can't find any evidence that it definitely existed in or before Velious, despite my memory telling me "it's been around forever."
NPCs don't want it, though you could give it to another player if you wanted to. I wouldn't really say that is its function.
Recap: (Italicized bits are my comments) No: Is it a place? NPC? Is it crafted by players? Is (was) it a body part? Is the item foraged? Is it food or drink? (Technically speaking) Is the quest in which it serves for only one class? Was it introduced in Velious or before? Is the function of this item to be given away? (It is not No Drop, but not its function) Yes: Item? If you saw it in real life, would you assume it was fake? If you had one in real life, would you keep it refrigerated if you needed to store it? Is it quest related? (Maybe slightly misleading, maybe not) Was it introduced during or prior to PoP? Is it something you can combine with other things to make something new?