At one time, Peridot was more valuable than diamonds. This gemstone is actually known by three names: Peridot, Chrysolith and Olivin, because peridot is the gemstone variety of the olivin mineral. In the gemstone trade it is generally called peridot, a name derived from the Greek word “peridona”, with a meaning along the lines of “giving plenty”.
Peridot is one of the few gemstones which exist only in one color. Finest traces of iron account for the deep green color with a slight golden hue. Chemically Peridot is just an iron-magnesium-silicate, and the intensity of color depends on the amount of iron contained. The color as such can come in any variation from yellow-green and olive to brownish green. Peridot is not especially hard – it only achieves about 6.5 to 7 on the Mohs´ scale – and yet it is easy to care for and quite robust.
The most beautiful stones come from the Pakistan-Afghanistan border region. Peridot as gemstone does also exist in Myanmar, China, the USA, Africa and Australia. Stones from East Burma, today’s Myanmar, show a vivid green with fine silky inclusions. Peridot from the American state of Arizona, where it is quite popular in Native Indian jewelry, often shows a yellowish to golden brown shade.