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Peridot Stone Pendant Original Certified. Peridot was a very famous stone during ancient times. This stone is substitute of Emerald. Peridots have magical and mystical properties associated with them. Some of its benefits are Peridots increase strength and vitality in people. They have a calming effect on the wearer. They are also said to bring happiness and warmth in the lives of people. They increase strength in people and reduce anxiety. When used as a necklace, they become a protector against negative emotions. They help people in understanding relationships and their values. Since this stone is related to happiness, love and truth, it instills a sense of truthfulness in people and makes them think in a rational way