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This hair or beard bead is cast into the shape of Mjolnir, the legendary hammer of Thor. It has a crossed design on the handle of the hammer, and a rune on the head.
The rune is one of the Elder Futhark runes, specifically, this rune is called Fehu. In divination the meaning of the rune is: a fortunate outcome, wealth or success, prosperity and financial success.
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