This question is related to other one here in the MatterModelingSE:
Here J is the exchange interaction parameters between two nearest-neighbor spins using in Heisenberg and Ising hamiltonians to study magnetic systems:
\begin{equation} \tag{Heisenberg} \hat{H}_H=-\sum_{\langle i j\rangle}J\hat{S}_i\hat{S}_j \end{equation}
\begin{equation} \tag{Ising} \hat{H}_I=-\sum_{\langle ij\rangle}J\hat{S}_i^z\hat{S}_j^z \end{equation}
Is there an experimental (and measurable) observable that can be related to the J parameter?