Mace Grades 01. Grade 01 02. Grade 02 Mace is the spice made from the reddish/ orange seed covering of the nutmeg seed. Mace belongs to the family Myristicaceae and species Myristica fragrans. Its flavor is similar to nutmeg but more delicate; it tastes more pungent and spicier than nutmeg and is used to flavor bakery, meat, fish, vegetables and in preserving and pickling.Health Benefits Of Mace Spice 1. Keeps Your Digestive System Healthy 2. Encourages Appetite 3. Boosts Blood Circulation 4. Stress Buster 5. Dental Health 6. Protects Kidneys 7. Cold and Cough 8. Wonderful Aroma 9. Anti-Inflammatory Properties 10. Traditional Medicine