This book aims to set the record straight by collecting all that is known about leprechauns and revealing much for the first time, such as the variety of their dress, what they get up to in their sociable moods and why lady leprechauns are so rare. It also discusses the other faery folk of Ireland.
Daniel's grandfather insists that the story about treasure at the end of a rainbow is only a fairy tale, but when he and Daniel encounter a leprechaun after spending a day looking for the gold, he is not so certain.
The author reflects on his childhood correspondence with a leprechaun who, in the handwriting style of the child's father, teaches him the true meaning of friendship.
Two towns, Tralee and Tralah, compete in an annual St. Patrick's Day decorating contest which Tralah boastfully always wins, but when their hearts are put to the test by a little man with pointed ears, Tralee wins with no effort at all.