Emerald Rings for starting party

To get Emerald Rings(+15AC) for a low-level party, fight the skeletons in the closet(10,4) at Middlegate to build up gold(cast turn undead.) Buy the Chop Suey at the Tavern in Sandsobar(5,10) for one NPC and the Troll Liver in Vulcania's Tavern(2,4) for another. Buy a Teleport Orb from Atlantium's armory and teleport to (0,14) facing north. Teleport out, leave 3 PC's in the inn and pick up your 5 NPC's. In Tundara, go east from the inn to the town gates. Turn south and teleport two squares. Rob the dead. Give the Emerald Ring to an NPC and dismiss him/her. Now you can turn left and right and the Emerald Ring will appear again, because the game just checks that nobody in your party has an Emerald Ring. Repeat with as many NPC's as you have. Go south, flee from the Snowbeasts(which always works) to avoid the police. Return to the inn and pool the spoils to a PC before rejoining your party.

Contributed by: ASchultz 

Extraordinary Weapons

Select view character during the game, and when the 'view which?'prompt appears, push and hold in order, Left, A, C. Release at the same time and you'll summon super characters who will trade you for extraordinary weapons.

Contributed by: BanjoKazooie 

Obtaining More Food 'Magically'

If you want to obtain food 'magically,' go to the command screen , select 'share' and then pick 'food.' Repeat and you'll boost your supply considerably.

Contributed by: BanjoKazooie 

Bypassing Mandagual's Keep

The road to the Luxus Palace is guarded by Mandagual's Keep, where you need to fight a fairly challenging battle to get past. You can bypass this fight completely by turning around and walking the road backwards; the keep only ''triggers'' if you face it. This allows you to get in the Luxus Palace far earlier and train up low level characters quickly on the Mystic Clowns in the back of the throne room. This same backwards walking trick can be used to bypass various other difficult encounters, but this is probably the most useful spot.

Contributed by: Sashanan 

Leveling up an infinite number of times

There's an in-game variable that stores every character's experience points. At some point, this variable maxes out and starts back from zero. If you can make a character have exactly the maximum number of experience points (one more and he/she would have zero), you can keep leveling up forever by continuously selecting to train at the training grounds (you may actually need a rapid-fire joypad if you intend to do this for a long time). If you do this long enough, you'll end up with super characters that have 65535 hit points, etc.

The number of experience points you'll need to do that is way above anything you would ever reach by playing the game normally. The only possible way of earning that much experience is to use the "Loads of money and gems" trick many times, using all of that money to buy experience at:
Lord Slayers Dungeon(Level 1) at 11,5

Contributed by: radjenef 

How to cast spells in dungeons where spells aren't supposed to work

There are a couple of places (dungeons) in the game where the casting of spells has been disabled to make the game harder to beat. You can overcome this limitation by sleeping. This is especially useful for using teleportation in these dungeons to get to a particular place in seconds!

Contributed by: radjenef