Peronella is a

fairy tale A fairy tale (alternative names include fairytale, fairy story, magic tale, or wonder tale) is a short story that belongs to the folklore genre. Such stories typically feature magic (paranormal), magic, incantation, enchantments, and mythical ...

or fable that is considered a traditional English tale. Peronella is a pretty country lass who exchanges places with an old wizened

queen Queen or QUEEN may refer to: Monarchy * Queen regnant, a female monarch of a Kingdom ** List of queens regnant * Queen consort, the wife of a reigning king * Queen dowager, the widow of a king * Queen mother, a queen dowager who is the mother ...

, and receives the

homage Homage (Old English) or Hommage (French) may refer to: History *Homage (feudal) /ˈhɒmɪdʒ/, the medieval oath of allegiance *Commendation ceremony, medieval homage ceremony Arts *Homage (arts) /oʊˈmɑʒ/, an allusion or imitation by one arti ...

due to

royalty Royalty may refer to: * Any individual monarch, such as a king, queen, emperor, empress, etc. * Royal family, the immediate family of a king or queen regnant, and sometimes his or her extended family * Royalty payment for use of such things as int ...

, but gladly takes back her rags and beauty.
The fairy-book
'. New York: Harper & Brothers. 1836. pp. 258-263.

References

English fairy tales Female characters in fairy tales {{UK-lit-stub