"The golden gleam of this stone entrances all who behold it!"
— In-game description

Alchemy Stones, also known as Priceless Stones, are items from The Legend of Zelda: Spirit Tracks. These Treasures can be found in several places throughout New Hyrule. Force Gems are usually required to get to locations containing Alchemy Stones. Alchemy Stones can be sold at the Trading Post for 2,500 Rupees. They can also be used to customize certain Train Parts. The Alchemy Stone would appear to be based on the legend of the Philosopher's Stone, as the description states it appears to be able to create riches, and its name mentions Alchemy, the process through which the Philosopher's Stone was said to be used.

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