Peridot from outer space Pallasite is a meteorite and consist of peridot crystals (green or yellow olivine) embedded in a Fe-Ni (nickel and iron) alloy matrix. Some gem peridot included in pallasites can be faceted. Beautiful faceted gem came mainly from Esquel, one of the most beautifull pallasite. And as noticed by Boob Haag about on of this large peridot, “It's rare to find large, unshocked gem material outside the asteroid belt.” Photo courtesy of Bog Haag, AZ Pallasite Peridot - Exclusive Treasures from Space! Pallasites, are the kind of meteorites that make the most interesting jewelry. Experience the wonder of the universe with our collection of unique meteorite jewelry