Praised all over the world by gemstone aficionados, merchants, investors, and consumers alike, Alexandrite is highly coveted for its spectacular and natural ability to change its color in different light. The famous Alexandrite gemstone: it’s a rare and very ardently sought after gem that is widely believed to have been named after the Russian Tsar Alexander II, in the 19th century. It is one of the worlds rarest and most coveted of all the precious gemstones. As part of the famed chrysoberyl family of gemstones, Alexandrite has been classified as aluminate of beryllium and is considered to be the third hardest gemstone in existence after diamond and corundum. The first known Alexandrite mine, in Russia’s Ural Mountains, ended its commercial production of the gem in the early 1900’s. Today, the stone is only found in a few remote places on Earth.
Frequently described by gem connoisseurs as an emerald by day, and a ruby by night, Alexandrite possesses the very rare color changing feature that is common to the mineral chrysoberyl. Depending on the lighting, this rare gem naturally shows an array of greens and reds as well as purple coloring- sometimes in surprising ways that are hard to predict. The gem, as such, is favored as a gift to mark an anniversary and other romantic occasions such as weddings and sometimes birthdays. It is also the recognized as the official birthstone for those born in the month of June.
Natural Alexandrite is generally considered to be primarily green in color by most experts- or bluish-green when illuminated by daylight, and can quickly transform to a reddish or raspberry hue, or purple-red when it is shown in an incandescent light. This amazing gem can also appear to be yellowish, brownish-, or even sometimes gray-green depending on the varying intensities of daylight, with the potential to appear as an almost orange- or light brownish-red when viewed in just the right kind of incandescent light.
And as most gemstone enthusiasts will already know, this kind of rare gem comes at a high price. While, the vast majority of natural Alexandrite gems are under one carat, the average Alexandrite gems set in a piece of jewelry worthy of the gem will often sell for approximately $15,000. Such items over a single carat will range in price between $50,000 to $70,000 per carat.