Rare earth-cobalt permanent magnet

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There is provided a rare earth-cobalt permanent magnet containing 23 to 27 wt % R, 3.5 to 5 wt % Cu, 18 to 25 wt % Fe, 1.5 to 3 wt % Zr, and a remainder Co with inevitable impurities, where an element R is a rare earth element at least containing Sm. It has a metal structure including a cell phase (11) containing Sm2Co17 phase and a cell wall (12) surrounding the cell phase (11) and containing SmCo5 phase.