Drakan's medallion is a reward from the quest A Taste of Hope. It allows unlimited teleportation to Ver Sinhaza.
The main purpose of the medallion is for easy teleportation to the Theatre of Blood. In addition, the teleport location is decently close to a bank, making the medallion an easier to obtain but less effective alternative to the Crafting cape.
Should players lose the medallion, they may reclaim it from Kael Forshaw in the old Myreque Hideout under Old Man Ral's home.
- In RuneScape 3, this item is used to teleport to various places around Morytania rather than just the Theatre of Blood. The examine text said "An ancient medallion, belonging to Lord Drakan."