Magical trinkets tend to have just a few uses and not too powerful spell effects. They are often utility spells and items making every day life easier for your friendly neighborhood cave spelunker.
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Give me five ideas!
A Farrier's Charm.
A Lucky Die.
A Trader's Guard, possibly along with a few coins.
A small bag of Kindling of Campfire, with d4 pieces of firewood.
A small box or pouch of 2d10 Dragon Scales.To generate more suggestions, simply refresh the page.