MagiCoins are the currency of Magic Town's magical economy, much like the Simoleon is in the non-magical economy. MagiCoins are used to buy ingredients for spells and charms from the Magic Town vendors. They can also be used to buy dragon eggs, dragon treats, and a chew toy for dragons. MagiCoins are also needed to buy the residential lots in Magic Town. In order to buy one, about 1000 to 1500 MagiCoins are needed. MagiCoins are gained by interacting with various objects found around Magic Town. The amount of MagiCoins gained depends on one of the Sim's skills.