How Much Is Alexandrite Worth?

By | May 31, 2024

Curious about the value of alexandrite? In “How Much Is Alexandrite Worth?”, you’ll discover the fascinating factors that influence the worth of this rare and stunning gemstone. You will explore how elements like color change, carat weight, clarity, and origin contribute to its market value. You’ll also gain insights into historical prices and current trends, helping you understand why alexandrite is so prized among collectors and jewelers alike. Whether you’re considering a purchase or simply want to expand your gemstone knowledge, this article offers everything you need to appreciate the enigmatic beauty and worth of alexandrite. Have you ever wondered how much alexandrite is worth? If you’re fascinated by gemstones, you might have come across alexandrite, a rare and highly prized gem known for its unique color-changing properties. Valuing such a gemstone can be a complex endeavor, given its rarity and unique attributes. In this article, we’ll delve into the intricacies of what makes alexandrite so special and break down the many factors that contribute to its worth.

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What is Alexandrite?

Alexandrite is a rare variety of the mineral chrysoberyl and is famous for its extraordinary color-changing ability. First discovered in Russia’s Ural Mountains in the 1830s, alexandrite exhibits a remarkable ability to change from green in daylight to red under incandescent light. This astonishing visual effect has captivated gemstone collectors and enthusiasts alike, making it one of the most unique and valuable gemstones in the market.

The History and Discovery of Alexandrite

The gemstone was named after Tsar Alexander II of Russia and quickly became a symbol of prestige and power. Initially discovered in emerald mines, it was initially mistaken for emerald until its unique properties were observed. Since then, have found sources of alexandrite in Brazil, Sri Lanka, East Africa, and India, but the original Russian stones remain the most coveted due to their superior quality and dramatic color change.

How Much Is Alexandrite Worth?

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Factors Affecting the Value of Alexandrite

When determining the worth of alexandrite, several key factors come into play. Each of these factors can drastically affect the price and desirability of the gemstone.

Origins and Provenance

Russian alexandrites are considered the most valuable due to their historical significance and exceptional quality. These classic gems typically command higher prices compared to those from other localities like Brazil or Sri Lanka.

||Origins|| Characteristics|| Estimated Price Range per Carat|| |–|–|–| |Russia | Exceptional color change, high clarity | $15,000 – $50,000| |Brazil | Moderate to strong color change | $3,000 – $15,000| |Sri Lanka | Moderate color change, usually larger sizes | $2,500 – $8,000| |East Africa & Other locations | Varied qualities | $1,500 – $7,000|

Color Change

The most defining feature of alexandrite is its ability to change color. Gems that exhibit a dramatic and complete color change from green to red are the most valuable. The strength of the color change, ranging from weak to strong, can significantly impact the stone’s value.

Color Change Grading

Strength of Color ChangeCharacteristicsEstimated Price Range per Carat
StrongClear, distinct color change$20,000 – $50,000
ModerateNoticeable color change$5,000 – $20,000
WeakFaint color change$1,500 – $5,000

Clarity and Inclusions

Inclusions are natural imperfections found within gemstones. While some inclusions are acceptable, alexandrite stones with fewer inclusions are more valuable. High clarity means the gem is relatively free from these tiny flaws, resulting in a more beautiful and desirable stone.

Grading Clarity

Clarity GradeCharacteristicsEstimated Price Range per Carat
Eye-cleanNo visible inclusions to the naked eye$10,000 – $50,000
Slightly IncludedMinor inclusions visible under 10x magnification$5,000 – $20,000
IncludedVisible inclusions$1,000 – $5,000

Size and Carat Weight

Larger alexandrite stones are exceedingly rare and thus command higher prices. Smaller stones, while still valuable, don’t cost as much per carat compared to larger specimens.

Carat WeightCharacteristicsEstimated Price Range per Carat
Less than 1 caratCommon, but still valuable$3,000 – $7,000
1 to 3 caratsModerately rare$5,000 – $15,000
Over 3 caratsExtremely rare, high demand$10,000 – $70,000

Market Trends and Prices

The gemstone market, like any other, experiences fluctuations based on demand and supply. Alexandrite, however, tends to maintain its value well due to its rarity. Global economic conditions, political stability in mining regions, and advancements in synthetic alternatives can also influence alexandrite prices.

Synthetic and Treated Alexandrite

While natural alexandrite is rare and expensive, synthetic versions are also available. Synthetic alexandrites mimic the natural stone’s properties but are lab-created. These stones are significantly less expensive and aren’t as valuable as their natural counterparts.

Evaluating Authenticity

It’s crucial to ensure you’re purchasing authentic alexandrite. Certification from reputable gemological laboratories can verify the authenticity and quality of your stone.

How Much Is Alexandrite Worth?

How to Buy Alexandrite

If you’re in the market for alexandrite, several factors can guide your purchase to ensure you get a stone that fits both your preferences and budget.

Research and Education

Understanding the factors that affect alexandrite’s value is essential. Educate yourself on aspects like color change, clarity, carat weight, and origins. Knowledge empowers you to make a more informed decision.

Certified Sellers

Always purchase alexandrite from certified and reputable sellers. Certification from gemological laboratories like GIA (Gemological Institute of America) or AGS (American Gem Society) can give you confidence in your purchase.

Investment Potential

Given its rarity and unique properties, alexandrite can be a good investment. Unlike other assets, its value is less likely to depreciate, making it a reliable choice for gemstone investment.

Caring for Your Alexandrite

Owning a piece of alexandrite comes with the responsibility of maintaining its beauty and value. Proper care can ensure your gemstone remains in pristine condition.


Store your alexandrite in a soft cloth or a separate compartment in your jewelry box to avoid scratches. Avoid exposing it to harsh chemicals or extreme temperatures.


Clean your alexandrite with warm soapy water and a soft brush. Avoid using ultrasonic cleaners or steamers as they can damage the stone.

Regular Checks

If your alexandrite is set in jewelry, inspect it regularly for signs of damage or loose settings. Professional cleaning and inspection can help maintain its condition.

How Much Is Alexandrite Worth?


So, how much is alexandrite worth? The answer depends on various factors, including origin, color change, clarity, and size. Russian alexandrites with strong color change and high clarity are the most valued, commanding prices that can go as high as $50,000 per carat. Understandably, the value of alexandrite makes it one of the most sought-after and esteemed gemstones in the world.

Whether you’re a collector, investor, or someone who simply adores stunning gemstones, understanding what makes alexandrite so valuable can make your experience of buying and owning this remarkable stone all the more rewarding. Remember, educating yourself and purchasing from reputable sources can ensure you get the best value for your money.

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Author: marklsmithms1

Hi, I'm Mark, the author of Maura Gems and Jewellery. As a team of qualified gemmologists and goldsmiths, we bring you world-class jewellery at Bangkok prices. With offices in both Bangkok and the UK, we ethically source the finest gemstones directly, eliminating any middlemen. We offer a wide range of stunning ready-made jewellery items in our new online store, available for retail or wholesale. Additionally, we specialize in custom-made jewellery where we can bring any design to life. Whether you're a trade professional or an individual customer, we cater to all. Feel free to email me at or call/WhatsApp me at 07470547636 or +66949355718. Discover our incredible collection by visiting our online store. I guarantee you'll love what you find there!

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