A blood red key

You look at a blood red key in your inventory...
A blood-red key lies here.

 This item seems to be key.
 It weighs approximately 5 lbs.
 This item cannot be worn.
 The key has 5 uses left.
 It is of a very good quality!

 Object 'key blood red' type key, extra flags none.
 Weight 5, value 1296, level 51.
 Object Quality (10 / 10 hps)