The color-changing Alexandrite gemstone is often described as “emerald by day" and "ruby by night”.
Would you like to sell an alexandrite ring or other item of alexandrite jewelry? The important question to answer is “How much is my alexandrite worth?” There are various factors which impact the value of alexandrite, and we will cover each one in article below on appraising the value of an alexandrite gemstone.
To quickly learn how much your tanzanite jewelry is worth, contact Diamond Estate now for a verbal market apparisal and cash offer. We specialize in the finest alexandrite jewelry from luxury jewelers such as Tiffany & Co. and Van Cleef & Arpels.
Real Reviews From Customers
Exceedingly pleased and impressed with this service. I worked with Paula who is professional, personal, and accountable. Everything happened as said from beginning to end, which was read more hard to believe at first. I re-read reviews even after I boxed up my items because of the anxiety! Paula helped normalize a sentimental event and held my trust throughout the whole process (which was actually very fast and exactly to description). Highly recommended and would use again without hesitation. Thank you Diamond Estate Jewelry Buyers, especially Paula!
I’m so happy that I found this amazing jeweler! The easiest and fastest transaction I’ve had. I sold my Cartier Roadster to them in 24 hours I had the money wired into my account. read more They are pleasant and honest people who will take good care of you! I highly recommend them!
We had a 14 carat diamond and were nervous of mailing it out of state. We were reassured from the beginning of the easy process, but we decided to fly out to California to meet the read more people at Diamond Estate. From the very beginning we were met with professionalism and treated very well. After given a reasonable quote, we decided to get a GIA certificate for the diamond just to be sure what it was. Jackie drove us all over the place to different jewelers to look at it as well as the GIA lab. She spent a whole day making us feel at ease. Jackie took us around fully knowing that we could go with other people’s offers and still chauffeured us to each place. In the end we found exactly what we are looking for with the Help of Carl and Jackie. Great experience for 2 girls from Colorado. I would recommend them to anyone.
Working with Carl was probably one of the most straight forward, uncomplicated transactions I've experienced. After leaving a voicemail I received a prompt text and then a call where read more Carl clearly explained the process. I immediately felt confident that I was working with the right buyer to sell my Rolex. After sending clear pictures of the timepiece, Carl followed up with a phone call and quoted me a very competitive price. We agreed to the deal, I sent the timepiece fully insured through FedEx at his cost and after he had confirmed receipt and saw the timepiece he wired the money directly to my bank account. I highly recommend working with Carl. He's a man of his word and runs a top notch business.
I worked with Paula the most and she was great. Very patient, very kind; answered all my many questions. Received agreed upon payment extremely fast, as promised. It is scary to send read more jewelry in the mail, but everything worked as I was told it would. I would do this again.
Thank you so much Paula for your professional handling of my heirloom diamond. When we first talked on the phone, your totally professional and knowledgeable demeanor regarding the read more diamond business assuaged any trepidation I had about sending my diamond. I was impressed with the way you shopped my diamond to get me the best possible price. When we agreed on the price the money was wired to my account within the hour. Well done! I will not hesitate to recommend Diamond Estate Jewelry Buyers to my friends and will tell them to ask for you by name!
I needed to sell a 2 carat diamond and based on the excellent reviews, I decided to contact Diamond Estate Jewelry Buyers. I sent an email with the GIA report details and within 30 read more minutes I had a response from Paula with an estimated offer. After deciding to move forward, Paula emailed me shipping instructions and a prepaid FedEx label. I shipped my diamond and everything went incredibly smoothly. Paula, the buying consultant with whom I worked, was incredibly responsive and knowledgeable. I am absolutely thrilled with my experience and would recommend Diamond Estate Jewelry Buyers to anyone looking to work with true professionals.
Carl is a very straight forward and honest businessman. I sent him some pictures and chatted on the phone with him for a few minutes, and then he offered me a very fair price. I was read more a little hesitant at first as I am not in the jewelry business and the idea of sending my jewelry across the country via mail was a little worrisome. However, this couldn't have gone more easily - he received the ring and paid me what he said he would the next day. Great experience and great business.
The people at Diamond Estate Jewelry Buyers were professional and courteous and offered a good price for my engagement ring. I wasn’t sure I wanted to ship off my ring so I researched read more the company as much as I could until I was satisfied. Sure enough, their business with me matched up to the reputation I saw online. I highly recommend them.
I sold a diamond engagement ring and a wedding ring. Paula was exceptional to work with. She answered all of my questions and assuaged any concerns that I had. I know the price I got read more was fair, as I had a prior gemologist look at the rings, but I was not comfortable dealing with that outfit for reasons other than the price. I am comfortable with my decision to sell, and I know I got the best offer I could get at this time. I highly recommend Diamond Estate Jewelry Buyers. Thank you, Paula, for all the time you spent with me. You have immense patience and empathy.
Alexandrite is a rare variety of the mineral chrysoberyl, known for its pleochroism or changing color. Often described as “emerald by day, ruby by night,” alexandrite will exhibit an emerald like green to bluish-green that shifts to red or purplish-red depending on whether the gem is viewed in artificial or natural light.
Originally named after the Russian tsar Alexander II, alexandrite was first discovered in the Ural mountains in 1834. Though the original supply of alexandrite has long since been exhausted, there are some modern sources in Sri Lanka, Brazil, and some deposits in Africa, but fine quality alexandrite remains rare and highly prized.
Alexandrite is evaluated like most gemstones, using the classic 4 Cs that are used to judge diamonds: color, clarity, cut, and carat. Like most colored gemstones, the quality of the color of alexandrite is the most important factor when determining its value. Because alexandrite displays two distinct colors, identifying and evaluating the gemstone is accordingly complex.
How Alexandrite Color Affects Value
Not all varieties of chrysoberyl that change color are considered alexandrite — color change chrysoberyl and alexandrite are actually two different varieties of chrysoberyl. In order to be considered alexandrite, the gemstone must display a color shift that is not only dramatic and obvious, but it has to change to and from specific colors.
When viewed in daylight and moved to incandescent light, alexandrite will change color in the following manner: from blue-green to orange-red, from slightly blue-green to red, from green to slightly purple-red, from slightly green to purple-red, or from yellow-green to red-purple.
Stones that change color in combinations other than those listed above can be quite dramatic looking and may sell for high prices, but will not be identified as alexandrite when sent to a gemological laboratory. Good examples of color change chrysoberyl might sell for $2,500-$4,500 per carat for 1-2 carat stones, but true alexandrite in that size might sell for $6,000 per carat. Highly saturated alexandrite with a dramatic color change might fetch as much as $60,000 per carat.
The most prized alexandrite is red to purplish-red in artificial light, and green to bluish-green in daylight. The intensity of the primary hue, also known as color saturation, ranges from strong to moderately strong in the most valuable alexandrites. Stones with lower color intensities and those that are lacking in brightness do not match the quality of the finest alexandrite, and are accordingly lower in price.
Russian alexandrite remains in extremely short supply, but it exhibits the finest intensity of color, and is the standard against which most alexandrite is judged. Alexandrite mining in Sri Lanka has produced some larger gemstones, but they tend to be of less desirable colors.
When compared to Russian stones, the reds of Sri Lankan alexandrite tend to be more brownish-red than the finer purplish-red, and the greens tend to be yellowish rather than the blue-green of their Russian counterparts. Alexandrite from Brazil sometimes rivals the color of Russian gems, but it is also in extremely short supply and quite highly prized.
Evaluating Alexandrite Clarity
Due to its crystal structure and the geologic mechanisms that produce it, alexandrite tends to have few inclusions, or visible imperfections. Any presence of visible inclusions will dramatically lower the value of the stone. Clean examples with good color change and strong colors will always be the most valuable.
Occasionally, certain types of inclusions are oriented parallel to each other in alexandrite, and lead to a visual phenomenon known as chatoyancy, or a cat’s eye effect. When these thin, needle-like inclusions are present, the value of the stone can rise dramatically.
How Alexandrite Cut Affects Value
Cutting alexandrite presents a special challenge to the stone cutter. Because of its pleochroism, the cut of alexandrite is crucial to its overall look. To take full advantage of the color-change nature of the rough stone, alexandrite must be cut to show the strongest color change through the crown. The gem cutter needs to orient the rough stone in a way that highlights both colors when viewed in its face-up position.
Alexandrite is usually fashioned with step-cut pavilions and brilliant-cut crowns, in what are known as “mixed cuts.” The brilliant cut crowns feature triangular, kite-shaped facets, and the pavilions are normally cut with parallel facets in concentric rows.
Alexandrite Carat Weight
As with most all precious stones, larger alexandrites are more valuable than small ones. While most alexandrites are relatively small, weighing less than one carat, larger sizes are sometimes available, and command accordingly high prices.
Get a Free Alexandrite Appraisal
Contact Diamond Estate Jewelry Buyers today for a free verbal appraisal of your alexandrite ring, necklace, earrings, or loose alexandrite gemstone. You can also get the process started online by telling us about the alexandrite jewelry you wish to sell in the contact form below.
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