The Krätschmer–Huffman carbon-arc method of preparing fullerenes has been used to generate carbon-coated transition metal (TM) and TM-carbide nanocrystallites. The magnetic nanocrystallites were extracted from the soot with a magnetic gradient field technique. For TM=Co the majority of nanocrystals exist as nominally spherical particles, 0.5–5 nm in radius. Hysteretic and temperature-dependent magnetic response, in randomly and magnetically aligned powder samples frozen in epoxy, correspond to fine particle magnetism associated with monodomain TM particles. The magnetization exhibits a unique functional dependence on H/T, and hysteresis below a blocking temperature TB. Below TB, the temperature dependence of the coercivity can be expressed as Hc=Hc0[1−(T/TB)1/2], where Hc0 is the 0 K coercivity.
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