This physics toy top is available here:
From Amazon: BUY NOW Mystery Spinning Top
Here is the 1974 patent showing the very simple circuit of this device. The spinning dipole (the top itself) induces a current in one of the coils, and this current is fed to the base of the transistor turning the electromagnet on when the top is near.
"Top Secret": this top will stay spinning for more than a week- because it is actually a motor! The top is a dipole magnet (as revealed by Magneview film) and the base has an electromagnet that gives the dipole a push when the top comes near the center. An ingeniously simple circuit consisting of only a battery, a coil, and a transistor, is activated when the spinning magnet nears the coil turning on the electromagnet to give a boost to the spin of the magnetic top.