An air clay and a method of manufacturing the same are disclosed. In one embodiment, the method includes i) selecting at least one raw material from a group consisting of sand powder, shell powder, crop powder and a mixture thereof, ii) finely grinding the raw material to prepare a base material having a particle diameter of about 0.02 mm to about 0.2 mm, iii) adding about 10 wt. parts to about 30 wt. parts of glycerin to about 100 wt. parts of the base material, iv) mixing and kneading these materials together to form a paste and v) adding about 0.1 wt. parts to about 9 wt. parts of a liquid coagulating agent for water treatment to the paste and mixing these materials together. According to one embodiment, the clay is useful for various types of play and learning for infants and young children.