In Wrath of the Lich King it is item level 232, requires level 80 and is named Velen's Handwraps. In MoP Classic it is item level 245 and requires level 80.
Read from the World of Warcraft client build files (JournalEncounterItem, JournalEncounterCreature, Achievement) and the Blizzard Game Data quest API.
How Velen's Handwraps of Triumph Compares
Who It Suits
Cloth is the armor type Mage, Priest and Warlock wear. With Intellect, Velen's Handwraps of Triumph suits Discipline, Holy and Shadow Priest; Arcane, Fire and Frost Mage; Affliction, Demonology and Destruction Warlock.
Transmog Sets
Velen's Handwraps of Triumph is part of the transmog set Velen's Regalia (Priest only). The other 16 pieces:
Built from the World of Warcraft client build files and recorded Auction House snapshots.
Where Velen's Handwraps of Triumph Fits
Other Items Named Velen's Handwraps of Triumph
1 other item in the current build is also called Velen's Handwraps of Triumph. Same-name entries are usually a different rank, faction, quest stage or reward track of the same object.
Items Numbered Next to Velen's Handwraps of Triumph
Blizzard numbers items as they are created, so the named items next to ID 48077 (48072 to 48082) were usually added in the same batch as Velen's Handwraps of Triumph: the same quest line, zone, vendor or reward set.