Magical Sword

In The Legend of Zelda, the Magical Sword is the most powerful of the three swords Link can use. It is more powerful than the Wooden Sword or the White Sword. It is found under a grave in the cemetary.

There is a some debate as to whether or not the Magic Sword is in truth the Master Sword. Although in the Legend of Zelda: Twilight Princess it is shown being wielded by the Hero's Spirit, while Link has the Master Sword.''

The offical Zelda.com encyclopedia states this:
 * Magical Sword:"See Master Sword"