Price: Type I 1,500 gp, Type II 6,000 gp, Type III 13,500 gp, Type IV 24,000 gp
Body Slot: Head
Caster Level: 7th
Aura: Moderate (no school)
Iridescent whorls and runes in a flowing eldritch script adorn this golden circlet. The circlet functions as a ring of spell knowledge, allowing a spontaneous caster to learn and store an additional arcane spell. However, once the circlet has been worn for 1d6 days, the wearer must succeed at a DC 16 Will save each day when meditating to renew her spell slots. Failure indicates that she loses knowledge of a random spell, whose level cannot exceed the maximum level of the circlet of spell-eating. Knowledge of this spell is lost until the circlet is removed, returning at a rate of one spell per day, beginning with the lowest-level spell forgotten.
So long as the circlet of spell-eating has caused its wearer to forget at least one spell, its creator can cast the first spell lost to the item once per day as a spell-like ability.
Requirements: Craft Wondrous Item, bestow curse, imbue with spell ability
Cost to Create: Type I 750 gp, Type II 3,000 gp, Type III 6,750 gp, Type IV 12,000 gp