Definition: The Science of turning the baser metals into gold or silver by chemical means. The byproduct, "Quicksilver," was thought to have magical powers. This was a very perfected science in Egyptian times and lasted all the way up into the 14th-16th Century A.D. when some of the alchemy methods were lost due to wars and fires that were amid in those times.
Alchemy
By Stephen Wagner, About.com Guide
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