The financial worth of iron pyrite, generally often known as “idiot’s gold,” is mostly low, regardless of its metallic luster and resemblance to gold. Components influencing its value embody the dimensions, high quality, and type of the specimen. Whereas small, unrefined items is likely to be price just a few {dollars}, bigger, well-formed crystals can typically command greater costs, notably amongst collectors or for ornamental functions. One would possibly encounter pyrite in numerous varieties, together with cubic crystals, clusters, and at the same time as inclusions inside different minerals.
Traditionally, pyrite’s metallic look led to its misidentification as gold, therefore its nickname. Whereas not inherently beneficial as a valuable steel, pyrite has served numerous sensible functions all through historical past. Its use in creating sparks for hearth beginning is well-documented, and it has additionally been a supply of sulfur and iron. Moreover, its crystalline construction and aesthetic qualities have made it a topic of scientific examine and a sought-after collectible.