FWIW Department.
 
According to my astute calculations a $2.00 US, ( indigo part no. 43552) 25 mm diameter NdFeB
Ring Magnet (13,300 Gauss or 1.33 Tesla ) spinning at 7200 rpm can/might develop
a levitation force of about 0.75 pounds.
 
http://www.indigo.com/magnets/gphmgnts/metric-neodymium-rare-earth-magnets.html
 
 
Take my word for it at your own risk.   :-)
 
Frederick
 

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