The Year's Best Fantasy Stories: 12 is an anthology of fantasy stories, edited by Arthur W. Saha. It was first published in paperback by DAW Books in November, 1986. The book collects eleven novelettes and short stories by various fantasy authors, originally published in 1985 and deemed by the editor the best from the period represented, together with an introduction by the editor. It includes Ellison's Locus Poll Award winning story "Paladin of the Lost Hour."