Scroll Location and Information

Level Scroll Cost (pyreals)
1 50
2 250
3 1,000
4 5,000
5 10,000
6 50,000

As of the Castling Event in June, Magic changed in a big way.  For better or worse spell research was done away with and all spells are now learned through scrolls.  The challenge now is getting the money to buy them and getting to the cities to purchase them at.  To help ease the pain a little here is a quick list of where to find all the scrolls in the game.  

Special thanks to Roch the Aged for gathering a lot of this information. 
Also thanks to Maggie the Jackcat for providing precise locations and quest scroll information.

Scroll Obtained by
Level 7 Scrolls Steel Chest
Dispells Steel Chest
Rings and Walls  Steel Chest
Recall Aerlinthe Quest 
Recall the Sanctuary Quest
Virindi Spells (dark flame etc) Quest

Note : Portal and Lifestone Recall spells are level 3, Summon portal spells I, II, III are level 4, 5, and 6 respectively.

Town Location

I

II

 III IV V VI
Shoushi 33.6S, 73.4E X          
Holtburg 41.6N, 34.0E X X        
Yaraq 21.5S, 1.3W X X        
Yanshi 12.8S, 46.0E X X X      
Cragstone 25.7N, 49.4E X X X X    
Hebian-To  39.4S, 83.0E X X X X    
Zaikhal 13.6N, 0.7E X X X X    
Al-Arqas 31.5S, 13.7E     X      
Lytelthorpe 0.6N, 51.5E     X      
Nanto 52.7S, 82.6E     X      
Rithwic 10.4N, 58.4E     X      
Samsur 3.0S, 19..4E     X      
Al-Jalima 7.5N, 4.7E       X    
Arwic 31.2N, 56.3E       X    
Eastham 17.6N, 63.1E       X    
Khayyaban 47.1S, 24.6E       X    
Mayoi 61.9S, 82.2E       X    
Tou-Tou 27.5S, 96.1E       X    
Plateau Village 44.2N, 43.5W         X  
Sawato 29.0S, 59.5E         X  
Uziz 25.3S, 28.3E         X  
Ayan Baqur 59.9S, 88.2W           X
Fort Tethana 1.6N, 71.9W           X
Kara 83.2S, 47.0E           X