Golden Apple

Golden Apples are apples coated with gold. Eating one fully restores your health. They can be found in dungeons on rare occasions.

Crafting
You can craft a gold apple from a red apple and 8 Gold blocks surrounding it:

Advantages

 * Golden apples restore all your health.

Disadvantages

 * Regular apples are very rare and, as they only heal 2, are not worth looking for.
 * Even though a golden apple restores all your health, it is a waste of time and resources since making one requires 72 gold ingots. Before the 1.2 Beta update, Gold was quite useless except for decoration and to make a Clock so players who had a plentiful supply sometimes created golden apples as vanity items.
 * Since the introduction of cake in a beta update on January 13 2011, eating cake is the most efficient way to regain health.