You see the spatial almanach carpet.
This carpet resembles the spatial almanach prime artefact. It feels soft to the touch and seems to have almost no weight.
Notes
It can be obtained by using a Cloth Fragment (Almanac) 
on The Spatial Warp Almanac 
. Only characters that have defeated Grand Master Oberon during the Secret Library Quest and defeated Yselda during the Adventures of Galthen Quest can create this item. If you use it, it will return to the uncoloured version.