Where to Purchase Genuine Lapis Lazuli Jewelry and Its Advantages Lapis lazuli is a beautiful gemstone with a deep shade of heavenly blue. It is a semi-precious gemstone with a striking display of color. The ingredients that make up this gemstone include dazzling pyrite, vividly blue lazurite, and others. Wearing lapis lazuli jewelry is said to protect you against psychic attacks. The peace and serenity of your life would be improved by the gemstone jewelry.