Spent a couple of hours farming up frags and then turned them into keys. My loot window said I received a “greater obsidian key”. However, it and other restored keys are not in my inventory or anywhere to be found. Hopefully I didn’t spend all this time for nothing… 
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Same thing happened to me. Made the key, have the quest completion for the obtain key part of the quest, just have to deliver it to Wrathion, confirmed it was in my inventory when I made it; Popped a hearth and it was gone. I wouldn’t feel so bad if it was during the day when lots of people were jumping the rare mobs but I spent forever trying to solo rares and it really hurts… Don’t know if the problem is with the item, the quest, or some kind of interaction with changing zones/hearthing.
Just happened to me too, I wont be doing that again
Can confirm same issue. Spend like an hour+ farming and lost 2 keys.
I had the same problem. got credit for creating the item but won’t get completion when trying to hand it in to Wrathion.
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This just happened to me. Created the key, went and handed in a couple of other quests on the way, reached Wrathion and no key to give him even though the step is complete… huge waste of time.
Same issue here. Really freaking annoying.
same issue here. I have the completion for the key but when i want to give to Wrathion, no key… 
Same issue here. Key makred as complete but no key in inventory, farming the mats only give restored key.
Same thing happened to me. Made the key, hearthed to get DMF rep buff, and when I went to turn it in, it said I no longer had the key.
Same for me, got the completion for restoring but no item to be found; really upsetting.
Could we get a blue to get this looked into? I cam looting frags and frames for keys but there are not showing up in the bag and my bag addon is telling me they are there…