Symbol Meaning: The philosopher’s stone represents enlightenment, heavenly bliss and perfection in alchemy. It is a legendary substance in Alchemy, believed to have capabilities that can turn common base metals like mercury into rare and expensive ones such as gold and silver. According to the belief, the substance, also known as the elixir of life, had rejuvenating powers and could be used to become immortal. Creating the stone was the ultimate goal in alchemy. Many alchemists and even famous scientists like Isaac Newton made great efforts to discover the recipe.