The Collaborative International Dictionary of English v.0.48:

Fancy \Fan"cy\, v. i. [imp. & p. p. Fancied, p. pr. & vb. n.
   Fancying.]
   1. To figure to one's self; to believe or imagine something
      without proof.
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            If our search has reached no farther than simile and
            metaphor, we rather fancy than know.  --Locke.
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   2. To love. [Obs.] --Shak.
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