Cheesy medieval film, evil masked wizard

I remember seeing a movie in theaters perhaps around 2006 or earlier. We thought we were seeing a quality movie but it was more like something you’d see on syfy. Medivial setting. Mega cheezy. The main villain (or perhaps one of many) was an evil black cloaked wizard in a mask that was either gold or silver. At the end one of the protagonists holds up the mask and says “behold the mask of so n so…. He’s dead!” Title was 2 words I believe..

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