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Gem: Moonstone (10x8mm) Metal: Sterling Silver (925) Gem Cut: Cabochon Named for its striking similarity to the Moon, moonstone is one of the three birthstones for the month of June. Moonstone gained its popularity during the early 1900s where it was often used in art nouveau style jewelry and is still widely used today. Some believe moonstone has the power to calm the mind and aid sleep. Also known as the "Traveler's Stone" many keep moonstone on them for good fortune when on the go.