Lodestone, also called magnetite, is a stone with nature magnetic qualities. These qualities led to the use of lodestones as an early form of compass, since they could be used to point the way north. Magnetite is a form of iron oxide. Being magnetized, the stone is attracted to the Earth's magnetic pole, and when it is suspended in the air, it will slowly turn to point towards the pole.
On the old days, sailors used lodestones in their navigation. This is what probably paved the way to creating magnetic compasses and other more sophisticated navigational aides. Ancient miners would follow a lodestone which led them to other minerals. Early medical practitioners used lodestones as diagnostic tools. They believed that the stones could be used to cure certain medical conditions. Greeks began using magnets for healing around 2500 B.C.E. The ancients thought that lodestone could be used to keep the skin looking youthful. In fact, Cleopatra was reported to have slept on a lodestone for many years.
In spellwork, lodestones are used to attract something that you desire. The stones are widely used for attracting money, business success, and to find a mate.
Used in love spells lodestones must be carefully selected to their gender. There are male and female species. The male lodestones have points and edges while the females are more smooth and rounded. A male and a female stone are chosen for heterosexual relationships while stones of the same gender are chosen for same sex relationships. Also, when choosing a pair of lodestones for love related spells you should consider matching the stones. This is a difficult job and you could literally spend hours and not make a match. Luckily many of the botanicas that carry lodestones will match them for you. Once you have your matched pair of stone they should be baptized. This creates a link between the stone and the person. To baptize the stone to the person hold the stone in your dominate hand (I like to use the dominate hand in these cases since it symbolizes your control over the matter) sprinkle the stone with Holy Water and say “you are now born (name of person) and make the sign of the cross over the stone. Then do the same thing with the other stone.
When lodestones are employed for the purpose of drawing money, business success, or luck, you would choose a single stone which you are more drawn to. The gender of the stone is not important for these needs nor is the polarity.
After choose a lodestone to perform a magical task the lodestones should be dressed with a spiritual oil. If you are employing a lodestone for love related matters then dress the stone with an appropriate love drawing oil. If the stones are employed for business success, then dress it with business oil. No mater what the ob of your lodestones there is a spiritual oil which matches that need.
Lodestones that are spiritually working (used in a spell) need proper care in order to keep the energies working for you. Lodestones need to be fed. This is done by simply sprinkling a small amount of magnetic sand or iron filings on the stone.
The stones once they are dressed can be placed in a small fabric bag which is carried in the pocket or purse. Money and business drawing stones can be placed in the cash register drawer or in the money safe.