Transmutes up to 10 pounds of solid or liquid into any other solid or liquid. If the resulting matter is more valuable than the original, it will last 10 seconds and then revert. If the resulting matter is of equal or lesser value, the change is permanent.

Transmute [29] 
    Create (Solids) 1 [24] 
        Transmutation Only (Solid to Solid, Solid to Liquid) [+0%] 
    Create (Liquids) 1 [4.8] 
        Transmutation Only (Liquid to Liquid, Liquid to Solid) [+0%] 
        Alternate Abilities [x1/5] 
    Reduced Fatigue Cost 1 [+20%] 
    Based on Activation Roll [+5%] 
    Melee Attack (Reach C, No Parry) [-35%] 
    Magical [-10%] 
    Spell Components [-20%] 
        Must say "transmute" in Latin 
        Must gesture with hands 
Levels 2-5 [58/87/116/144] 
    Increase Create by 1 level each [+40 base each] 
Levels 6+ [+28.8/level] 
    Increase Create by 1 level each [+40 base each]