Centuries ago, Sanskrit writings referred to Spinel as the daughter of ruby. The bright red color of Spinel is so closely related to the Ruby the two of them are often confused with one another. Spinels are actually more rare than ruby but, unlike ruby, they sometimes can be found in very large sizes.
In ancient times it was believed that Peridot was a gift of Mother Nature to celebrate the annual creation of a new world. When presented as a gift, Peridot is said to bring the wearer magical powers and healing properties to protect against nightmares. It is also said to instill power, and influence through the wearing of the gemstone.