I think this may be related to the other bug I posted regarding the Debug icon that took the place of the Emporox's Gift but I noticed that my Naegling was missing. When I did a /itemsearch "Naegling" it showed it in my wardrobe but when I went there, it was an empty icon. I also noticed that other items may have been lost and/or corrupted. As mentioned below, after following those steps, I logged back in and everything was back to normal should anyone else have similar issues.
Platform: Windows 10/Steam
ISP: Google Fiber
Type of Internet Connection: Fiber Optic
Internet Connection Speed: Up to 100 up & down mbps
Date & Time: 5/16/19, Roughly around 7pm mst
Frequency: Once
Character Name: Amras
Race: Elvaan
World: Phoenix
Main Job: Thief
Support Job: Dancer
Area and Coordinates: N/A
Party or Solo: Solo
NPC Name: N/A
Monster Name: N/A
Steps:
1. Restarted FFXI & updated Playonline.
2. Ran File Check on both Playonline and Final Fantasy XI (Found corrupted files during file check of Final Fantasy XI)
3. Repair File check was a success
4. Upon logging back in after file repair, everything was normal again.