Alexandrite is a unique and highly valuable colored gemstone that displays a rare and sharp color transformation from blue-green in daylight to purplish-red or reddish-brown in incandescent light. This phenomenal gemstone is often described as Emerald by day and Ruby by night. The exceptional beauty, excellent luster, and immense rarity make Alexandrite a highly desirable gemstone among gem collectors and jewelry makers.
Considered to be named after Alexander II, the Russian King, Alexandrite is counted among the world’s most extremely esteemed gemstones. It was declared the official gemstone of Imperial Russia’s Tsardom. Due to its rarity and alluring beauty, Alexandrite is considered to be an expensive gemstone.
Alexandrite cost varies with the origin, quality, and size of the stone. Real Alexandrite price per carat covers a broad range from 35,000 INR ($480) per carat to 6,00,000 INR ($8282) per carat and even more. The phenomenal color-changing effect of Alexandrite, clarity, cut, carat weight determines the Alexandrite value. Alexandrite worth is not limited to these 4Cs only, origin is another quality factor that influences its price.
Examining each of the below-mentioned quality factors can help you in analyzing the natural Alexandrite price.
Origin – Alexandrite deposits in the Ural region in Russia were the only source for large and exceptional quality Alexandrites for quite a long time. Russia, being the first source of finest and best quality Alexandrite, produced highly valuable Alexandrites in the market. Good specimens of Alexandrite are also found in India, Sri Lanka, Brazil, Tanzania, Madagascar, and Myanmar (Burma). The Indian and Brazilian Alexandrite is the second most sought-after variety and it is relatively less expensive than Russian Alexandrite.
Color – The color-changing phenomenon seen in Alexandrite is known as the ‘Alexandrite effect’. The intense fine-colored Alexandrite gemstones are produced from the mines of Russia and are rarely available. Fine Alexandrite exhibits green to bluish-green in daylight and red to purplish-red in artificial light. The intensity of the color-changing effect determines Alexandrite gemstone price and quality. The higher the intensity and color consistency, the more valuable Alexandrite. The Sri Lankan Alexandrite displays low color consistency as compared to Russian Alexandrite.
Clarity – Alexandrite is a transparent, Type II clarity gemstone that displays visible flaws and inclusions. The inclusions in Alexandrite occur in the form of fluorite and apatite crystals, fingerprints, hollow tubes, mica platelets, rutile, and multi-phase inclusions. If these inclusions are present and clearly visible to the eye, then it can drastically affect the Alexandrite quality. Faceted Alexandrite gemstones with commendable transparency and minimum eye-visible flaws are rare to find and the cost for such fine pieces of Alexandrite increases. Some specimens of Alexandrite create chatoyancy or cat’s eye effect, increasing the Alexandrite stone price.
Cut – Alexandrite is commonly fashioned into mixed cuts which include brilliant-cut crowns and step-cut pavilions. Due to its rarity, Alexandrite is faceted into kite shape, triangular shape whereas some specimens have concentric rows of parallel facets. Although it becomes challenging for gem cutters to give Alexandrite a perfect cut to show the strongest color-change effect.
Carat Weight – An excellent quality Alexandrite that is over one carat is extremely rare and is highly priced. In the jewelry industry, jewelers prefer Alexandrite that is small in size and less in weight.
Why should you buy Alexandrite stone and Alexandrite jewelry from GemPundit?
GemPundit is a leading provider of 100% authentic Alexandrite gemstone and Alexandrite jewelry with an authentic Gem Lab Certification. to confirm the quality and Alexandrite cost, it is important to demand a genuine lab certification from gemstone traders.
The alluring charm and gorgeous color-change effect of Alexandrite jewelry suits both men and women and go well with any outfit. One can wear this astonishingly beautiful stone in the form of an Alexandrite Ring, Alexandrite Bracelet, and Alexandrite Pendant. However, the price of Alexandrite jewelry depends on the quality of the Alexandrite stone, intricacy of the design, choice of metal, and labor charges.
At GemPundit, Alexandrite jewelry can be fully customized from our Custom Jewelry section. You can share your design ideas with our team of skilled and professional CAD experts who will design your jewelry as per your style. Our team of expert consultants aims to prioritize the needs of our customers and provides 24×7 customer support.
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