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.

Note: Legend and fan folklore states that this is actually the Master Sword. Since it has been said that the first Zelda game follows the events of the Wind Waker, this is plausible. The land travelled in this first game is actually the "New Hyrule", founded by Link and Tetra from the Wind Waker. The Link and Zelda appearing in this game are their descendents.

This sword could be the Master Sword because legend has it that a FISHERMAN pulled up this sword from the depths of the Great Sea. If this happened, it could mean that he had hooked the Master Sword while it was still embedded in Ganondorf's head, freeing him and setting off the events of the first game. Remember, this is only a theory and could be disproved by future games.