The backstory being there was a massive explosion/event which scattered the shards to various corners of the multiverse/realities and one of those shards landed in Mystara.
That shard was the infamous
blue knife the humanoids found and lost in the history section of the
Orcs of Thar. It was later found brought to
Glantri by the
Alphatian General Halzunthram, the man who initiated the
Forty Years War, a bloody period before the nation of Gantri formed its Principalities.
Needless to say, this item found its way to a select group of Glantrian wizards, and due to its unique alien properties, these wizards were encouraged to form the Society of Dimensionalists. They began exploring wild and strange theories about a multiverse, different realities ...etc which upset certain powerful and influential individuals within the Great School of Magic. This eventually led to some of them being hunted down and imprisoned...etc
Two of the members, a couple, fled to an obscure town within Darokin to escape, raising their children as Darokinians.
One of these children is the PC who views the item as an heirloom, his family's legacy.