Angel Statue

An Angel Statue is an item with no known uses. It cannot be placed. They are uncommonly found in Chests Underground, and can be sold to a Merchant for the minimal price of 1.

These are speculated to be a replacement item for developer testing items, so that the overpowered items could not be hacked in.

Trivia
the angel statue in dungions can make the gaurdians do a maximum 0f 30 hit pionts enebling you to explore the dungion without killing skeletron
 * In versions prior to 1.0.5 the Angel Statue's tooltip wasn't quoted.