I've given an item to my Cleric (4th level) that allows him to "pray," once per day, to replace one of his prepared spells with another that would fit in that slot (equal or lower level, I said). He makes a wisdom check to get the spell he wants, against a DC that varies from request to request. His "prayer" can be anything from a free action to a 10-minute meditation. The more appropriate the deity finds this exchange, the lower the DC.
As another bit of flavor, the Circlet of Divine Favor also gives him a +2 luck bonus to all saves. When a deity takes the trouble to bestow this nifty gadget upon one of his servants, he is showing that
I like this item because it will improve in usefulness as he levels up, rather than being something he looks to replace. It would be just great if, at level 12 or so, he found himself Held, and could drop a prepared level-6 spell to quicken a Remove Paralysis. His comrades might turn to him after the battle and say "how'd you...." His response of course, would be that his god is good to him, and can supply what he needs.
In any case, I don't know how to price this ability to exchange an unused spell. I've priced the +2 luck bonus to all saves at 6000 gp, (bonus squared * 1500 gp). As a luck bonus, it is beter than a resistance bonus (heck, they're a dime a dozen) but it is not as all-encompassing as the luck bonuses granted by some other items (Staff of Power also gives a bonus to AC, Stone of Luck gives one to chacks).
A pearl of power (renew one used spell up to a certain level, once per day) costs [spell level squared * 1000 gp]. The Circlet of Divine Favor isn't limited by spell level, so this isn't a great basis for comparison. Unfortunately, the "level independent" aspect of this new item is one of the things that makes it so nice, without overbalancing my cleric's abilities.
As another bit of flavor, the Circlet of Divine Favor also gives him a +2 luck bonus to all saves. When a deity takes the trouble to bestow this nifty gadget upon one of his servants, he is showing that
I like this item because it will improve in usefulness as he levels up, rather than being something he looks to replace. It would be just great if, at level 12 or so, he found himself Held, and could drop a prepared level-6 spell to quicken a Remove Paralysis. His comrades might turn to him after the battle and say "how'd you...." His response of course, would be that his god is good to him, and can supply what he needs.
In any case, I don't know how to price this ability to exchange an unused spell. I've priced the +2 luck bonus to all saves at 6000 gp, (bonus squared * 1500 gp). As a luck bonus, it is beter than a resistance bonus (heck, they're a dime a dozen) but it is not as all-encompassing as the luck bonuses granted by some other items (Staff of Power also gives a bonus to AC, Stone of Luck gives one to chacks).
A pearl of power (renew one used spell up to a certain level, once per day) costs [spell level squared * 1000 gp]. The Circlet of Divine Favor isn't limited by spell level, so this isn't a great basis for comparison. Unfortunately, the "level independent" aspect of this new item is one of the things that makes it so nice, without overbalancing my cleric's abilities.