The financial worth of iron pyrite, generally generally known as “idiot’s gold,” is usually 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 perhaps value just a few {dollars}, bigger, well-formed crystals can typically command greater costs, significantly amongst collectors or for ornamental functions. One may encounter pyrite in varied varieties, together with cubic crystals, clusters, and whilst inclusions inside different minerals.
Traditionally, pyrite’s metallic look led to its misidentification as gold, therefore its nickname. Whereas not inherently helpful as a treasured steel, pyrite has served varied sensible functions all through historical past. Its use in creating sparks for fireplace 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.