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Newchic offers the Effetool 110.2-lb. Neodymium Recovery Magnet for $9. Coupon code "Magnet30" knocks that to $6.30. With free shipping, that's the lowest price we could find by $2, excluding the below mention. It measures 1.4" x 1.6" and features a removable hook. Deal ends May 19.

Note: This item ships from China and may take two to six weeks to arrive.

A close price: Mhestore2009 via eBay offers it for $6.39 with free shipping. (It ships from Hong Kong and may require two to eight weeks for delivery.