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How to Get the Treasure Magnet in Terraria

The Treasure Magnet comes from Underworld Shadow Chests or Obsidian Lock Boxes obtained from Obsidian and Hellstone Crates, with a listed 20% chance per eligible container.
WorldTerraria Length1 min Posted Quest giverVGSources Team
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Get the Treasure Magnet from a Shadow Chest in the Underworld or from an Obsidian Lock Box. Each eligible container has a listed 1-in-5 (20%) chance to contain one, so neither route guarantees it.

Where to find the Treasure Magnet

The Treasure Magnet is post-Skeletron content. You can pursue it through either of these routes:

Route What to do Listed chance
Shadow Chest Search Shadow Chests in the Underworld. 1 in 5 (20%) as secondary loot. Official Terraria Wiki
Obsidian Lock Box Fish up Obsidian Crates or Hellstone Crates, then open the Obsidian Lock Boxes they provide. 1 in 5 (20%) per lock box. Official Terraria Wiki

The listed rate applies to each eligible chest or lock box, not to an attempt to find a crate. Which route is more convenient depends on your progression and fishing setup; neither is established as universally faster.

Why the Treasure Magnet is useful

The Treasure Magnet is an accessory. Its in-game tooltip says, “Increases pickup range for items.” The wiki lists the pickup range as increasing from 2.625 tiles to 12 tiles while equipped, but cautions that these technical figures come from Desktop 1.4.1.2 source code and may not reflect the current version. Official Terraria Wiki

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Version notes

The item was introduced in Desktop 1.4.0.1. In Desktop 1.4.4, it changed from primary to secondary loot in Shadow Chests and Obsidian Lock Boxes, and became a Hand of Creation crafting ingredient. Console and Mobile version histories also list 1.4.4 as the Hand of Creation recipe update. Official Terraria Wiki

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