Lapis Lazuli has been prized for its beauty, its mystical properties, and its perfection as a pigment. Ancient civilizations believed that the veins of glittering pyrite found in the lapis were actual gold, driving up its value. The stone's expense today, as in the ancient world, results from its hardness, which makes extraction difficult. Mined in the mountains of South America, this gem-quality pigment is a subtle blue-grey, with a classic color that is light reflective (due to the irregular and angular shape of the pigment particles). Daniel Smith Genuine Lapis Lazuli is at least 80% pure gem pigment suspended in a natural binder.