Found in Steamfont Mountains? Withdrawing that question and asking the one that is bothering me for days now: Might the thing be the PoK book itself in Steamfont Mountains? (Phallus-like, unique (sort of), size would fit, ...)
Is it the machinery parts lying on the ground in Steamfont, between the Loping Plains and Dragonscale Hills zones?
https://everquest.allakhazam.com/scenery/steamfontmts-meldrath.jpg Is the item we are looking for shown in the above link ?