The Lady of the Lake presented Arthur with Exclaibur at the beginning of his journey, and her arm rose from the Lake a second time to receive it as he lay dying.
The fancy bit above the hilt is an abstracted lion's head.
Dovetails nicely with the upcoming Phoenix Foundation release "Give Up Your Dreams", which poses a challenge to stop telling one's life as a heroic narrative and embrace reality. Kind of Buddhist. Had the image before I heard the song*. Go, as usual, figure.
*Actually started out as a little assemblage in my Etsy shop: