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. Elements influencing its value embrace 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, significantly amongst collectors or for ornamental functions. One may encounter pyrite in varied kinds, 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 precious as a valuable metallic, pyrite has served varied 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 research and a sought-after collectible.