Alexandrite
Brazil, India, Russia · 68 specimens · 1.4ct avg
Alexandrite's dramatic color-shift phenomenon and extreme rarity place it among the most valued gems. Strong color change and size remain the primary value drivers. Scarcity across all quality levels supports sustained appreciation.
Price History
Quality Tiers
Listings
Specimen Data
Value Drivers
Large alexandrites with strong color change are extraordinarily rare. Even 2-3 carat stones with good change are highly valuable.
Strength of color change from green/teal to red/purple is paramount. 80%+ change commands highest prices. Vivid colors in both states essential.
Eye-clean preferred but color change takes precedence. Minor inclusions acceptable if color change is exceptional.
Cutting to maximize color change is primary goal. Mixed cuts often used to display both colors simultaneously.
Market Dynamics
Russian deposits largely depleted. Brazilian, Sri Lankan, and East African sources provide current supply but quality varies significantly.
Passionate collector base. Color-change phenomenon creates unique appeal. Investment demand strong for finest specimens.
Recent Trends:Â Strong color-change specimens have seen 45% price increase in past 3 years as collectors compete for rare material
News
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Insights
Discovered in 1830 in Russia's Ural Mountains on the day Tsar Alexander II came of age
Russian material is largely depleted—modern production is minimal from original sources
Brazilian and East African sources (Tanzania, Madagascar) now dominate supply
The strength of color change from daylight to incandescent light directly correlates with value
Specimens showing 80%+ change (from teal/green to purple/red) command significant premiums
Known as an 'emerald by day, ruby by night'
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