Dragon ceremonial cape

The first person to get this cape is a player called zelno on runescape.

The Dragon ceremonial cape is a rare reward from the Squeal of Fortune. It is one of five parts to the whole set. Unlike most capes, it drapes all the way to the ground. This set along with the Queen's Guard outfit can only be won "throughout the summer months" according to Jagex. Once a particular piece has been won on the Squeal, it won't be available as a reward again as long as the player has it. In other words, it's impossible to win duplicate items. Both sets give no bonuses and are purely cosmetic.

One of the unique features of this item is that, when the entire set is complete, it can be re-coloured when you wear all 5 items. This ability is also shared with the Queen's Guard outfit. "Re-colouring is a first for cosmetic items of this nature" according to Jagex.

To recolor the set, simply have all 5 pieces of the set equipped, go to the Worn equipment tab, right click any piece of the set, and chose the "recolour" option. This will open a menu allowing the player to select the color he or she desires.