Jade has been long recognized by archaeologists as an important trade item among ancient Mesoamerican cultures, particularly for ancient Olmec and Maya cultures. Unfortunately, the precocious development of Olmec society led many early archaeologists to overemphasize Olmec influence on the Maya during the Formative period (ca. 1000–400 BC). This is particularly noteworthy in the attribution of tri-lobed jade “spoon” pendants to the Olmec despite the lack of archaeological evidence. Using a recently discovered tri-lobed jade “spoon” pendant from the site of Ka'kabish, Belize, and dated to the Middle Formative period (ca. 800–600 BC), this article argues that such pieces should not be unquestionably attributed to the Olmec. This argument is supported by correlation with similar objects from other secure archaeological contexts at Maya sites dating to the Middle Formative period. This article contends that using the ethnonym Olmec to describe these objects creates an a priori assumption that these objects originated in the Olmec region and were merely repurposed by the Maya and argues for a reinterpretation of the origin and meaning for these objects.