In The Burning Crusade it is item level 136 and requires level 70. In Wrath of the Lich King it is item level 136, requires level 70 and sells to vendors for 1c. In MoP Classic it is item level 136, requires level 70 and sells to vendors for 1c.
Items Numbered Next to Merciless Gladiator's Bonegrinder
Blizzard numbers items as they are created, so the named items next to ID 31959 (31953 to 31964) were usually added in the same batch as Merciless Gladiator's Bonegrinder: the same quest line, zone, vendor or reward set.
Ward of WakingID 31953 · Quest"A viscous, shimmering potion created to help druids emerge safely from the Emerald Dream."