Here's the story of these little men dressed in green.

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The original Irish name for these figures of folklore is lobaircin, meaning small-bodied fellows who prior to the 20th century, wore red outfits, not green .

In Irish mythology, a leprechaun is a type of male faerie said to inhabit Ireland, usually depicted as a little old man, wearing a coat, hat and buckled shoes who is smart and mischievous.  They spend their time making and mending shoes, are extremely wealthy and will do anything to escape capture even if it means turning you into a frog!

These wee folk are said to be keen musicians and party animals who love to play tin whistles, the fiddle, Irish Harp and other traditional instruments. They are known  for their wild music sessions at night which in Ireland are known as Ceili's with hundreds of of Irish leprechauns gathering to dance, sing and drink moonshine.

According to Irish folklore, Leprechauns are generally known to be harmless, intelligent creatures, but have been known to play a trick or two on farmers.

It is said that every Leprechaun has a pot of gold, hidden deep in the Irish countryside. To protect the leprechaun's pot of gold the Irish fairies gave them magical  powers to grant three wishes in exchange for their freedom to use if ever captured by a human or animal.  Another popular belief is that you may find a leprechaun and his pot of gold at the end of a rainbow.

Lucky the Leprechaun, mascot of the General Mills breakfast cereal Lucky Charms, is probably the best-known fairy.

What is your favorite mythical creature? Leave a comment below.