A new method of preparing nanoparticles by pulsed-laser ablation of a tiny wire was reported, and pure maghemite （ γ-Fe2 O3 ） nanoparticles were synthesized by this method in a mixed gas flux of N2 and O2 at atmospheric pressure. The obtained γ-Fe2 O3 nanopartiles were in the range of 5 to 80 run in diameter and largely spherical in shape. Structural characteristics and morphologies of the nanoparticles were characterized by XRD and TEM , respectively. Moreover, magnetic properties of the obtained 7- Fe, O3 nanopartiles in the temperature range of 300 to 773 K were investigated. The experimental results demonstrate that the squareness value of the hysteresis loop decreases with increasing temperature. Both the coercivity and the saturation magnetization of the γ-Fe2 O3 nanoparticles show a constantly decrensing trend with increasing temperature up to the occurrerwe of the transformation from γ-Fe2O3 to α-Fe2O3. Especially, at the temperature of 773 K, the γ-Fe, O3 begins to transform to the α-Fe2 O3 phase and the hysteresis loop becomes unclosed .
