Does the philosopher's stone have any properties?

The philosopher's stone is a legendary substance in alchemy, believed to have the ability to transform base metals into gold and grant immortality through the Elixir of Life. It symbolizes the pursuit of perfection and enlightenment in alchemical traditions. While it does not exist in reality, the concept embodies the quest for knowledge and the transformation of the self. Thus, its properties are more metaphorical than physical.