Larimar Jewelry: The Adorable Creation Of Larimar Gem Larimar, also famous as the dolphin stone, Caribbean gemstone, and Atlantis stone, is a brilliant gemstone to curate jewelry. It is the exclusive gemstone of the Dominican Republic. This is why Dominican Republic larimar jewelry is so adored by jewelry lovers across the world. This gemstone was initially discovered in the year of 1916. Still, it was given the deserved credibility later in 1974 when it was re-discovered by Miguel. He named the gemstone by taking the first half of his daughter's name Larissa and combining it with the Spanish word for sea, 'Mar' thus creating 'Larimar.'