as for whether it should be accepted or not I am neutral. Tried alchemy first then thought of the other. The first isnt an item like other things on the list but it does fit the clue
Somewhat reaching on some things.
Also I tried Lamp / Genie Lamp... didn't think to type MAGIC lamp.. BS
The reliance upon those stupid books/movies just seems to be waaaaaaaaaaay too disproportional on this site.
* old silk hat
* magic hat
* magicians hat
I'd probably take "hat".