Juicy rings from the Headless Horseman

Aethels says: Horseman rise...
Aethel says: Your time is nigh...
Aethel says: You felt death once...
Aethel says: Now, know demise!
Headless Horseman yells: It is over, your search is done! Let fate choose now, the righteous one.

This horseman each player can summon once a day. There isn't any save or limit on how many times you can participate. The fight is easy and very funny.
You can recover three rings, a plate helm, some broomsticks, a pumpkin helm, pumkin pet and a lot of candies. (Detailed info)
The Horseman's Signet Ring and Witching Band are comparable to those from Karazhan. If it's not free epics, what is it?