Three of the novellas (The Legacy, Wanna Bet?, and Raistlin's Daughter) were first printed in the Dragonlance Tales trilogy.

It begins with a woman named Sara Dunstan, the adoptive mother of Steel, going to Caramon Majere and telling him the tale.

In the Tower of High Sorcery, the mages tell Caramon that they believe Raistlin intends to steal Palin's body to return to the world.

Caramon and Palin go with Dalamar to the Tower of High Sorcery at Palanthas, where they go to laboratory where Raistlin had worked his magic.

Palin tries to close the Portal and Raistlin attacks him, though he in fact survives as it was all part of the Test.

Raistlin says he has paid his final debt and gives the Staff of Magius to Palin, then goes back to his sleep.

is the story of Tanin, Sturm, and Palin Majere as they adventure to recover the Graygem of Gargath.

They all get drunk and pass out, and awake on a gnome ship bound for the isle that holds the Graygem.

They pass these, and go on to find Lord Gargath, the possessor of the Graygem, who is constantly shapeshifting thanks to the chaotic magic of it.

Dougan, who is revealed to be the god Reorx, makes a bet with Gargath that Palin can throw his hammer into the air and it will never fall.

He receives a letter from a Qualinesti Senator, Rashas, to meet him in an inn, and Gilthas runs off to do so.

Tanis goes after him and discovers signs that make him believe that Gilthas was ambushed, though it is in fact not true.

Gilthas's fate is revealed; he was met by Rashas, who rode a griffin, and taken to Qualinost, capital of the elves.

Dalamar reveals to Tanis that Gilthas is to be made king of the Qualinesti, and they begin to make plans.

Dalamar reveals to Tanis that what has transpired has destroyed the chance for a massive alliance as was planned, thanks to Rashas.

A reviewer from Publishers Weekly commented that "poor grammar, weak imagery and rickety old plots dressed up as Matters of Import doom this series of novellas [...] Action focuses on uninspired tales of Caramon Majere's son Palin's quest to be a wizard and political unrest among the Elves, which threatens the possibility of hegemony.