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The Ultimate Guide to Buying Natural Alexandrite: Pricing, Quality, and Investment Potential

Writer's picture: H. DanishH. Danish

Updated: Nov 24, 2024




Natural Alexandrite 4.13 carat from Brazil
Natural Alexandrite 4.13 carat from Brazil







What is Alexandrite?

Natural Alexandrite, often described as "Emerald by Day, Ruby by Night," is a gemstone like no other. Renowned for its astonishing color-changing properties, this rare and coveted gem has captivated collectors, investors, and enthusiasts for generations. Join us as we explore the magic of Alexandrite, its value, and what influences its price per carat, offering a comprehensive guide for those seeking to own this mesmerizing treasure. Check out our fine Natural Alexandrite gemstone collection


The Enigmatic Beauty of Natural Alexandrite

A member of the chrysoberyl family, Alexandrite is celebrated for its dramatic color-change phenomenon—a rare optical effect known as the alexandrite effect. Under daylight, Alexandrite appears green to bluish-green, reminiscent of an emerald. However, under incandescent light, it undergoes a stunning transformation to hues of red, purplish-red, or brownish-red, akin to a ruby.

This unique ability makes Alexandrite more than just a gemstone; it is a work of art created by nature. The interplay of light and color evokes awe and wonder, elevating Alexandrite to a pedestal of rarity and desirability in the world of fine gemstones.


What Makes Natural Alexandrite So Valuable?

Several factors contribute to Alexandrite's exceptional value, making it one of the most sought-after gemstones for collectors and investors alike:


1. Rarity

Natural Alexandrite is among the rarest gemstones in the world. Its formation requires highly specific geological conditions, making high-quality, untreated specimens extremely scarce. Particularly rare are stones over 2 carats, with those exceeding 5 carats classified as exceptional treasures.


2. Color Change Intensity

The vividness and distinctiveness of the gem's color change play a pivotal role in determining its value. Alexandrite displaying a dramatic and sharp transition between green and red tones commands the highest prices. Brazilian Alexandrites are particularly celebrated for their intense color change, followed by specimens from Russia, India, Sri Lanka, Madagascar, and Tanzania.


3. Color Saturation

The richness and intensity of Alexandrite’s hues—both in natural and incandescent light—significantly impact its desirability. Vibrant, well-saturated colors are highly prized.


4. Clarity

Clarity refers to the absence of visible inclusions in the gem. While inclusions are common in natural Alexandrites, eye-clean specimens with minimal inclusions are especially valuable, as they do not interfere with the gem’s signature color-changing properties.


5. Carat Weight

While larger Alexandrites are undoubtedly rare, the value of the gem is more heavily influenced by its color change, clarity, and saturation. However, when these qualities are present in stones exceeding 3 carats, the price per carat can skyrocket.


Alexandrite’s Price Per Carat: A Spectrum of Value

The price of Alexandrite can vary dramatically depending on its origin, quality, and size. Below is an overview of typical price ranges:


Premium Alexandrite (Brazil, Russia) with Exceptional Clarity and Strong Color Change.

  • 0.5 to 1 carat: USD 2,000 – 10,000 per carat

  • 1 to 2.9 carats: USD 5,000 – 15,000 per carat

  • 3 to 5 carats: USD 15,000 – 30,000 per carat

  • 5 to 10 carats: USD 30,000 – 100,000 per carat

  • 10+ carats: USD 100,000 – 200,000 per carat


Fine Alexandrite (India, Sri Lanka, Madagascar, Tanzania) with Good Clarity and Strong Color Change

  • 0.5 to 1 carat: USD 1,000 – 5,000 per carat

  • 1 to 2.9 carats: USD 1,000 – 15,000 per carat

  • 3 to 5 carats: USD 10,000 – 25,000 per carat

  • 5 to 10 carats: USD 10,000 – 30,000 per carat

  • 10+ carats: USD 20,000 – 50,000 per carat

Exceptional pieces with intense color change, vivid saturation, and large sizes can far exceed these price ranges, particularly those originating from closed mines in Russia.

Investing in the Timeless Elegance of Alexandrite

Natural Alexandrite is more than just a gemstone—it's an investment in rarity, elegance, and enduring value. Its extraordinary color-change effect and scarcity make it a prized possession among collectors and a sound investment for those seeking unique assets.


Why Invest in Alexandrite?

  1. Increasing Rarity: With limited sources of high-quality Alexandrite, its value is expected to appreciate over time.

  2. Timeless Appeal: Unlike trends that come and go, Alexandrite's allure is rooted in its natural beauty and mystical properties.

  3. Personal Legacy: Alexandrite is not just a gemstone—it’s a symbol of individuality and taste that can be passed down through generations.


Acquiring Genuine Alexandrite: Tips for Buyers

To ensure you’re purchasing an authentic and high-quality Alexandrite, follow these tips:

  • Seek Certification: Always request certification from reputable labs such as GIA, GRS, or AIGS. This ensures the gem is natural, untreated, and accurately graded.

  • Buy from Reputable Dealers: Work with trusted sources like Alif Gems, where experienced gemologists inspect and certify every gemstone for quality.

  • Understand the 4Cs: Familiarize yourself with the key aspects of color, clarity, carat weight, and cut to make an informed decision.

Experience the Enchantment of Alexandrite with AlifGems

At AlifGems, we take pride in offering some of the world’s finest natural Alexandrite gemstones, sourced ethically and certified for authenticity. Whether you're a seasoned collector or a first-time buyer, our collection promises to captivate your senses and add timeless elegance to your life.

Visit www.alifgems.com today to explore our curated selection of Alexandrite gemstones and jewelry, and let us help you find the perfect gem to cherish forever.


Embrace the magic of Alexandrite—a gemstone that transforms light into an extraordinary story. Check out our fine Natural Alexandrite gemstone collection

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