Peridot symbolizes dignity, fame, and prosperity.  It is also believed that the stone has the power to ward away evil and nightmares, bestowing peace and progress in one’s life. It's associated with less tangible qualities of peace, good fortune and happiness. The stone is also known to be the ideal gift for a couple’s 16th Anniversary. Associated with love, loyalty, commitment and harmony, the stone has a beautiful poem associated with it. “Wear a Peridot or for thee, No conjugal fidelity, The August born without this stone,`Tis said, must live unloved alone”.