Crystallographic properties and their size dependence in acicular fine particles of iron prepared by reduction fromα-FeOOH were investigated by transmission electron microscopy and compared with magnetic properties. Although both larger particles with an average needle length of 0.5μm and smaller ones of 0.2μm length have single domain configuration, the former are crystal lographicaIly polycrystalline while the latter are single crystal with a [100] axial orientation, an easy magnetization direction of iron. The coercive force, principally yielded by external shape anisotropy, is higher in smaller particles in spite of their inferior axial ratio. The intrinsic magnetocrystalline anisotropy is inferred to be the most responsible to give rise to this further increase of coercive force. The experimentally obtained values of magnetic properties are also compared with the theoretical estimation, which results semi-quantitatively in good accordance.