The Lucky Horseshoe is an accessory that negates all Fall Damage. It can be combined with the Obsidian Skull at a Tinkerer's Workshop to create an Obsidian Horseshoe.
- The Lucky Horseshoe is extremely useful in Dungeons, Underground Jungles, Corruptions, and Hellevators as they usually have drops that will kill a player instantly, or damage them heavily.
- One can achieve the same effect by using Rocket Boots, a Cloud in a Bottle, a Magic Mirror, a Grappling Hook aimed at the ground, or by having any type of Wings equipped.
- The Lucky Horseshoe's ability is shared by Wings, making it useless once they are obtained.
- Now a material in Obsidian Horseshoe.
- Added to the game.