“Puff the Magic Dragon” by Leonard Lipton (lyrics) and Peter Yarrow (music) appears on the 1963 Peter, Paul and Mary album, Moving. An urban myth soon arose that the song was about, "Puff, the Magic Dragon," by Peter, Paul, and Mary is a '60s classic. But what's it actually about? Is it about smoking dope? Or is it a family-friendly tale?, Released by folk trio Peter, Paul and Mary, “Puff The Magic Dragon” became an instant hit, its meaning relishing in childhood innocence and imagination., "Puff The Magic Dragon" evokes that magical time in all of our lives, when life was simple, Santa Claus was real, and we let our imaginations take us to far-off lands like Honahlee. We invented imaginary friends, and something like a magic dragon was very real to us., “Puff, the Magic Dragon” is one of those songs that make me tear up every time I hear or play it. The song itself is simple enough for most about anybody to play on guitar, and the lyrics tell the simple story of a boy named Jackie Paper and his imaginary dragon friend, Puff., Peter, Paul And Mary "Puff, The Magic Dragon": Puff, the magic dragon Lived by the sea And frolicked in the autumn mist In a land called Honalee L.