Fairy Armor

Fairy Armor is a Armor Set that increases player's  quite significantly. It can be obtained either by either killing the Sea Witch or by fishing at the Fairy Pond. It is the only Armor in the game (Crystal Armor does not count as it only changes color based on light level). The animation is shown in the gallery below. Each piece can be sold to a shop for, and can be obtained off the Auction House for anywhere from to  per piece, not because it's particularly useful, but because you could change the color of other armor pieces using it.

Trivia

 * The maximum that can be gained from finding all the Fairy Souls, combined with the base  is  as the 209th Fairy Soul is currently unobtainable.
 * You can dye other armor pieces with glitches involving this set.
 * Out of all armor sets in the game it gives the 3rd best base.
 * It's colors are purple, pink, white, and blue. However, it seems to have a lot of shades of each color.