The Levitron - a spin stabilized floating magnetic
top

The Levitron - made by Fascinations, Seattle,WA 98148 U.S.
Patent # 5,404,062 This wood base Levitron was sold by The Nature Company. Newer
versions have a plastic base.
Links:
Spin stabilized magnetic
levitation (UCLA)
Fascinations
Levitron.com (Fascinations)
Homemade Levitron
photos
Magnetic Levitation - Science is Fun