This is a fun novelty item from Lee Valley. Basically it is a barrel shaped neodynium magnet, due to its shape when placed on top of a flat surface it will orient in the North - South direction.
Curiously the magnet does not have a marker to differentiate North from South but at least it points you to the NS direction. The magnet comes inside a small survival capsule with a mini lanyard for transportation. So basically you get a very small magnet and a survival capsule when you order this item.
It is not a compass you will use for navigation but it is a nice gift and a fun item and being just as small as the picture shows you can practically put it anywhere as long as the magnet will not affect other objects. The aluminium capsule is a nice one too.
You can get them for $4.50 following this link.
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