There followed an hour as strange as any madman might imagine or poet sing, when Nicholas Cantier sat upon a gilded stool at the knees of the Queen of Elfland and watched her court pace through their faerie measures. In his hand he held a golden cup crusted with gems, and the liquor within sent forth a savor of roses and apples that promised an immortal vintage. But as oft as he, half-fainting, lifted the cup, so often did a pair of fingers pinch him at the ankle, and so often did he look down to see the faerie lass Peasecod crouching at his feet with her skirts spread out to hide the motions of her hand. One she glanced up at him, her soft eyes drowned in tears like pansies in rain, and he knew that she was sorry for her part in luring him here.
When the dancing was over and done, the Queen of Elfland turned to Nick and said, “Good friend Nicholas, we would crave a boon of thee in return for this our fair entertainment.”
At which Nick replied, “I am at your pleasure. Madam. Yet have I not taken any thing from you save words and laughter.”
“’Tis true, friend Nicholas, that thou hast scorned to drink our Faerie wine. And yet hast thou seen our faerie revels, that is a sight any poet in London would give his last breath to see.”
“I am no poet, Madam, but a humble journeyman goldsmith.”
“That too, is true. And for that thou art something better than humble at thy trade, I will do thee the honor of accepting that jewel in my image thou bearest bound against thy breast.”
Then it seemed to Nick that the Lady might have his last breath after all, for his heart suspended himself in his throat. Wildly looked he upon Gloriana’s face, fair and cold and eager as the trull’s he had escaped erewhile, and then upon the court of Elfland that watched him as he were a monkey or a dancing bear. And at his feet, he saw the dark-haired lass Peasecod, set apart from the rest by her mean garments and her dusky skin, the only comfortable thing in all that discomfortable splendor. She smiled into his eyes, and made a little motion with her hand, like a fishwife who must chaffer by signs against the crowd’s commotion. And Nicholas took courage at her sign, and fetched up a deep breath, and said:
“Fair Majesty, the jewel is but a shadow or counterfeit of your radiant beauty. And yet ’tis all my stock in trade. I cannot render all my wares to you, were I never so fain to do you pleasure.”
The Queen of Elfland drew her delicate brows like kissing moths over her nose. “Beware, young Nicholas, how thou triest our good will. Were we minded, we might turn thee into a lizard or a slow-worm, and take thy jewel resistless.”
“Pardon, dread Queen, but if you might take my jewel by force, you might have taken it ere now. I think I must give it you—or sell it you—by mine own unforced will.”
A silence fell, ominous and dark as a thundercloud. All Elfland held its breath, awaiting the royal storm. Then the sun broke through again, the Faerie Queen smiled, and her watchful court murmured to one another, as those who watch a bout at swords will murmur when the less-skilled fencer maketh a lucky hit.
“Thou hast the right of it, friend Nicholas: We do confess it. Come, then. The Queen of Elfland will turn huswife, and chaffer with thee.”
Nick clasped his arms about his knee and addressed the lady thus: “I will be frank with you, Serenity. My master, when he saw the jewel, advised me that I should not part withal for less than fifty golden crowns, and that not until I’d used it to buy a master goldsmith’s good opinion and a place at his shop. Fifty-five crowns, then, will buy the jewel from me, and not a farthing less.”
The Lady tapped her white hand on her knee. “Then thy master is a fool, or thou a rogue and liar. The bauble is worth no more than fifteen golden crowns. But for that we are a compassionate prince, and thy complaint being just, we will give thee twenty, and not a farthing more. “
“Forty-five,” said Nick. “I might sell it to Master Spenser for twice the sum, as a fair portrait of Gloriana, with a description of the faerie court, should he wish to write another book.”
“Twenty-five,” said the Queen. “Ungrateful wretch. ’Twas I sent the dream inspired the jewel.”
“All the more reason to pay a fair price for it,” said Nick. “Forty.”
This shot struck in the gold. The Queen frowned and sighed and shook her head and said, “Thirty. And a warrant, signed by our own royal hand, naming thee jeweler by appointment to Gloriana, by cause of a pendant thou didst make at her behest.”
It was a fair offer. Nick pondered a moment, saw Peasecod grinning up at him with open joy, her cheeks dusky red and her eyes alight, and said: “Done, my Queen, if only you will add thereto your attendant nymph, Peasecod, to be my companion.”