ABSTRACT. The Zaisho meteorite, one of only four known pallasite falls, contains pyroxene, which is rare in pallasites, and it is only the fourth meteorite known to contain phosphoran olivine. Except for a recent report by Goodrich (1984) such olivine appears to be restricted to pallasites, and to those containing the rare Mg phosphate, farringtonite. It is unique among olivines in having P in tetrahedral sites and having vacancies, for charge balance, in octahedral sites. Zaisho also contains stanfieldite and a phosphate having a composition between that of stanfieldite and farringtonite. Its metallographic cooling rate is similar to that of many other pallasites, but its average olivine composition, Fals.3, places it in a small group with more Fe-rich olivines than most paUasites. THE Zaisho pallasite fell in 1898 (in Japan), but material was only recently made available for study. It is small, and the main mass is held privately. As a consequence, it was not included in several recent extended studies of the mineralogy and petrology of pallasites (Buseck and Goldstein, 1969;Buseck, 1977; Buseck and Holdsworth, 1977;Scott, 1977). The purpose of the current paper is (a) to update those studies by including data on Zaisho, and (b) to provide additional information on an intriguing mineral, phosphoran olivine. Shima et al. (1980) provided a brief description of Zaisho, but did not note some of its more unusual and interesting features such as the presence of pyroxene and phosphoran olivine.We obtained a small (0.80 gm) chip of Zaisho, just large enough for a polished section. The mineralogy and texture of the meteorite are fairly typical of pallasites. It contains metal, olivine, chromite, phosphates, pyroxene, troilite, and schreibersite, with the last three in minor to trace amounts. Our specimen has a greater volume of chromite than olivine, which is atypical of pallasites; however, this is almost certainly a consequence of both the small and presumably unrepresentative sample and the heterogeneity of paltasites. Unusual features are the occurrence of phosphoran olivine (this is only the fourth meteorite from which this material has been described), pyroxene, and a