[1] : The Collaborative International Dictionary of English v.0.48

fancy \fan"cy\, a.
   1. adapted to please the fancy or taste, especially when of
      high quality or unusually appealing; ornamental; as, fancy
      goods; fancy clothes.
      1913 webster

   2. extravagant; above real value.
      1913 webster

            this anxiety never degenerated into a monomania,
            like that which led his frederick the great's
            father to pay fancy prices for giants. --macaulay.
      1913 webster

   fancy ball, a ball in which porsons appear in fanciful
      dresses in imitation of the costumes of different persons
      and nations.

   fancy fair, a fair at which articles of fancy and ornament
      are sold, generally for some charitable purpose.

   fancy goods, fabrics of various colors, patterns, etc., as
      ribbons, silks, laces, etc., in distinction from those of
      a simple or plain color or make.

   fancy line naut., a line rove through a block at the jaws
      of a gaff; -- used to haul it down.

   fancy roller carding machine, a clothed cylinder usually
      having straight teeth in front of the doffer.

   fancy stocks, a species of stocks which afford great
      opportunity for stock gambling, since they have no
      intrinsic value, and the fluctuations in their prices are
      artificial.

   fancy store, one where articles of fancy and ornament are
      sold.

   fancy woods, the more rare and expensive furniture woods,
      as mahogany, satinwood, rosewood, etc.
      1913 webster
see also:
fancy ball fancy fair fancy goods fancy line fancy roller fancy stocks 
fancy store fancy woods 

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