Fairy Ring

The Fairy Ring is a Ring-class piece of equipment found in.

In
The Fairy Ring is found in a treasure chest in the third floor of the optional dungeon Crossbone Isle. It does not provide any statistics boosts while equipped. Rather, it can be Used as an item in battle (it does not need to be equipped to be used in this manner) to emulate the Restore Psynergy, curing a party member of the Sleep, Stun, Delusion, Psynergy Seal, and/or Death Curse effects.

Even though the Fairy Ring, like with all items with Use effects, does not have to be equipped to be used for its effects, it is no more valuable than a common Elixir or the Restore Psynergy. It would be best given to a character that does not already have the Psynergy, though in practice putting a stockpile of super-cheap Elixirs in that character's inventory leads to the exact same outcome (albeit a more reliable version of it that does not randomly break every time it is used). It is essentially more valuable for the coins it will yield when sold.

Trivia
On account of inconsistent naming, the "Fairy" spelling occurs in the Golden Sun series only on this item's appearances in the GBA games. The "Faery" spelling is otherwise used everywhere else, such as the Faery monster, the associated Psynergy from The Lost Age, and the Faery Vest item in The Lost Age and Dark Dawn.