Rarity and Uniqueness
Alexandrite is one of the rarest and most unique gemstones in the world, famed for its remarkable color-changing properties. This phenomenon, known as the “alexandrite effect,” occurs when the stone changes color from green in daylight to red under incandescent light. The rarity of alexandrite is due to the specific geological conditions required for its formation, making it highly sought after and valuable.
Chemical Structure
Chemically, alexandrite is a variety of chrysoberyl (BeAl2O4) and contains trace amounts of chromium, which is responsible for its color-changing ability. The chromium ions replace some of the aluminum in the crystal structure, creating the distinct green and red hues observed under different lighting conditions.
Formation and Locations
Alexandrite was first discovered in the Ural Mountains of Russia in the 1830s and named after Tsar Alexander II. Today, significant sources include Brazil, Sri Lanka, and East Africa, particularly Tanzania and Madagascar. Each location produces alexandrite with slightly different characteristics, influencing its market value and appeal.
Determining Quality
The quality of alexandrite is determined by several factors:
- Color Change: The most prized alexandrites exhibit a strong and vivid color change. Stones that display a green to red shift are considered the most valuable.
- Clarity: Like other gemstones, the clarity of alexandrite affects its value. Eye-clean stones without visible inclusions are more desirable.
- Cut: The quality of the cut can enhance the stone’s color change and overall brilliance. Well-cut alexandrites maximize the color change effect and display better light performance.
- Size: Larger alexandrites are extremely rare and command higher prices. The price per carat increases significantly with size.
Pricing
Due to its rarity, alexandrite is one of the most expensive gemstones. Prices can range from several thousand dollars per carat for smaller, lower-quality stones to tens of thousands per carat for larger, high-quality specimens with strong color change. Top-quality alexandrites over one carat are exceptionally rare and can fetch prices upwards of $50,000 per carat or more.
Conclusion
Alexandrite’s rarity, coupled with its unique color-changing properties, makes it a fascinating and valuable gemstone. Its distinct chemical structure and the specific conditions required for its formation contribute to its exclusivity. Found primarily in Russia, Brazil, Sri Lanka, and East Africa, the quality and value of alexandrite are determined by its color change, clarity, cut, and size. For gem enthusiasts and collectors, alexandrite represents a captivating piece of natural art and a worthy investment.