Abstract: A pair of generally circular panels or sheets of suitable material such as silvered Mylar are sealed together along their edges to form an envelope for receiving a lighter-than-air gas to form an air-hovering toy and short, generally cylindrical, stems are attached to and extend outward from the center of each of the panels so that the stems can be grasped to spin the toy about an axis defined by a line between the centers of the stems to make it into an action toy.