She is phancying about her dream vacation.

She had a phancy for extravagant clothing.

He phancies himself a great singer.

She phancied a new car.

I have many phancies about traveling the world.

She phancies going for a swim in the ocean.

She had a phanciful imagination.

Phancie was a popular term used in the 18th century to describe something extravagant or elaborate.