Strong magnetic with no rusting...meteorite?

[Beamer1879]

There is a magnetic hanging from the rock in both pictures and it's extremely heavy. Doesn't have rust so I'm wondering if anyone can help point me in the right direction to identify.

 

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[: Michael-Robert.]

[h=1]Magnetite and Lodestone[/h]
[h=4]The primary ore of iron, a mineral used in heavy media separation, and a recorder of Earth magnetism.[/h]What is Magnetite?Magnetite is a very common iron oxide (Fe[SUB]3[/SUB]O[SUB]4[/SUB]) mineral that is found in igneous, metamorphic, and sedimentary rocks. It is the most commonly mined ore of iron. It is also the mineral with the highest iron content (72.4%).


[h=2]Identification of Magnetite[/h]Magnetite is very easy to identify. It is one of just a few minerals that are attracted to a common magnet. It is a black, opaque, submetallic to metallic mineral with a Mohs hardness between 5 and 6.5. It is often found in the form of isometric crystals. It is the most strongly magnetic mineral found in nature.







[h=2]Magnetite as "Lodestone"[/h]Normal magnetite is attracted to a magnet, but some specimens are automagnetized and have the ability to attract small pieces of iron, small pieces of magnetite, and other magnetic objects. This form of magnetite, known as "lodestone," was man's first encounter with the property of magnetism.
https://geology.com/minerals/magnetite.shtml
[h=1]Magnetite and Lodestone[/h]
[h=4]The primary ore of iron, a mineral used in heavy media separation, and a recorder of Earth magnetism[/h]

 

[galenrog]

Most certainly not a meteorite. No visible characteristics at all. A magnet sticking to it is meaningless by itself. Many terrestrial rocks will attract to magnets, including a significant amount of the gravel in my driveway.

Time for more coffee.

 

[Beamer1879]

Is it a heavy decoration in my yard or is it worth anything in it's weight?

 

[smokeythecat]

Unsmelted iron ore, not much value.