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The Pirate Figurehead was obtainable in Season 27: "A Pirate's Treasure" by reaching level 5.
Supply is widely distributed — no single holder owns enough to register as a hoarder.
Pirate Figurehead's current MU count is at ~51, which is similar to most other very rare furniture (such as Walk Of Fame or London Telephone Sofa), despite Pirate Figurehead being at rare.