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• This building is no longer available
• It has changed into the "Trading Tower"

The Palantir is found on Land Expansion ML9
It requires no Shmoos to run production but has a long production timer and is used in a couple of quests.
Clicking on a Neighbors Palantir will not give you anything special, just  1 or 2 coins and xp.
While it's not a particularly useful building it is one of the more magical looking items found in the Enchanted Forest!