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Magical creatures don't exist in real life. In fantasy novels - well, that would depend on which fantasy book you are talking about.
Magical Flight was created in 1977.
Magical Ring was created in 1983.
The Magical Revival was created in 1972.
Magical Drop was created in 1995.
Magical Date was created in 1996.
Magical Hat was created in 1989.
Magical Maestro was created in 1952.
Magical Melons was created in 1939.
Magical DoReMi was created in 2001-12.
Magical Antique was created on 2000-04-28.
The Magical Mimics in Oz was created in 1946.