The Benefits of Jewelry Made of Moldavite Moldavite is a beautiful green rock with a unique structure and a complex history. The glass jewels known as tektite, which are formed by meteorite strikes, include moldavite. Bubbles and swirls are visible in the Moldavite gemstone, which has a mossy appearance. The gemstone seems to be both translucent and transparent. Moldavite represents transformation, protection, and good fortune.