For actual flux pinning, the first thing you would do is show what happens if you put the thing upside down. It should stick. Even if it does not, you would show that it does not.
So what I'm saying is that even if it's reasonable to deduce that this supposed magnet is being suspended from a string, it doesn't look like it is. If it is fake, it's a well-done illusion not a shoddy illusion.
In all likelyhood, your answer would be: Yes, it does.
It's clear however that a lot of us (myself included) don't want to see a speck of dirt on a string. They want to see history in the making.
