A lv16 boss monster chest is an item in Evony TKR (The King's Return). It can be found after killing certain monsters or bosses, with some of them listed below.
The description of Lv16 Boss Monster Chest in Evony TKR says:
Open the package to gain all the items in it.
Lv16 Boss Monster Chest is known to drop from a number of bosses or monsters upon killing, including Jormungandr.
Note: This list may be incomplete.