Peridot beads are a transparent, green to yellowish Green gemstone that offers an unusual characteristic - Peridot is the only gemstone to have a ``lily pad`` inclusion. Historians believe that Cleopatra's famous Emerald's were not Emeralds but were Peridot mined in Egypt.  Peridot color comes from iron elements within the stone. Peridot is mined in Australia, Brazil, China, Egypt, Burma, Pakistan, Norway, and USA.