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Five Children and It is a children's novel by English author E. Nesbit. It was first published as a book in 1902, having been expanded from a series of stories published in the Strand Magazine in 1900 under the general title The Psammead, or the Gifts. It is the first volume of a trilogy that includes The Phoenix and the Carpet (1904) and The Story of the Amulet (1906). The book has never been out of print since its initial publication.