Abstract: The object of this invention is to provide a magnetic toy, which is fabricated with magnetic rods and magnetic balls, and is freely shaped into a variety of forms. In the magnetic toy, each magnetic rod (31) is composed of a magnetic strand core (31A), a covering (31B) to cover the core (31A); a magnetic end disc (31C) placed at each end of the core (31A), and a disc-fastening cap (31D) which fastens the end disc (31C) to the core (31A). The disc-fastening cap (31D) includes an annular flange part (F) to support the end disc (31C), and a cylindrical part (B) integrated with the flange part (F) and screwed over each end of the covering (31B) so as to be fastened along with the disc (31C) to the covering (31B). A magnetic metal ball (32) is magnetically attached to each end of the magnetic rod (31).