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How Much Should You Spend On Alexandrite Ring In 2023

How much is alexandrite stone worth

By Eric BakerPublished 3 years ago 4 min read

Alexandrite is a rare and valuable gemstone that belongs to the chrysoberyl mineral family. Its extraordinary quality of reflecting bluish-green mesmerizing hues in natural daylight, and turning into a radiant reddish-purple color in incandescent light, make it a chameleon of the gemstone world.

What Makes The Alexandrite Gemstone So Special?

The rarity and exclusivity of alexandrite are due to several factors. Here they are. Alexandrite is only found in a few locations worldwide, including Russia, Brazil, Tanzania, Sri Lanka, and India. The quality of the gemstone can vary widely, with only a small percentage of stones exhibiting the ideal color-change effect. Finally, alexandrite is a relatively hard and durable gemstone, making it suitable for use in jewelry, but this also means that it is difficult and expensive to mine and cut.

The Price Of An Alexandrite Ring

The price of alexandrite, a highly coveted gemstone known for its exceptional color-changing properties, can fluctuate greatly. The per-carat cost of alexandrite, varies in a broad range, depending on various factors. For instance, the price of a 1-carat alexandrite gemstone can vary significantly based on its origin, clarity, and degree of color change, ranging from $2500 up to $40,000 per carat.

The reason behind such a wide range in pricing is that alexandrite is one of the rarest gemstones in the world, and its availability and quality can vary significantly based on its origin and other characteristics.

An alexandrite birthstone can be divided into 3 different categories based on its color and clarity

Low Grade: Alexandrite stones that exhibit a weak color shift or are not exactly a chrysoberyl mineral may not receive lab certification as authentic alexandrite. These stones are considered lower quality and are more budget-friendly, typically costing less than $2000 per carat. While they may not have the same mesmerizing color-changing properties as high-quality alexandrite, they can still be a beautiful addition to a gemstone collection.

Medium Grade: Alexandrite stones of medium quality is generally considered genuine alexandrite by gemstone labs, as they exhibit a color change of 50-60% or more. However, if the color change is solely brown, then it may fall into a comparatively lower-grade category. These stones are priced more affordably for consumers, with approximate wholesale prices ranging from $7,000 to $20,000 per carat.

Top Or Premium Grade: The category of top-quality alexandrite includes gem-grade stones with noticeable color change properties, ranging from 80 to 100%. Origin of the stone can have a significant impact on its price, with Brazilian and Russian alexandrites commanding a premium price of up to twice the market rate. So, the approximate wholesale prices for 1-carat alexandrite in this category can reach $20,000 per carat or more.

Hence, factors that influence the quality of an alexandrite ring include the color-changing ability, color saturation, clarity, and carat weight of the gemstone featured. The cut and clarity of the stone also affect its price. A well-cut and polished alexandrite stone with high clarity will be more valuable than a poorly cut and included stone of the same size.

Additionally, the ring setting or the material in which it is built can significantly affect the price of an alexandrite ring. High-quality materials such as gold or platinum, as well as intricate or custom designs, can increase the overall cost of the ring.

How Much Is An Alexandrite Worth?

So, here comes the real question, how much is an alexandrite worth? Well, the most highly valued alexandrite gemstones exhibit a captivating color range with a vivid red to purplish-red hue in artificial light and a green to bluish-green shade in natural daylight. These exquisite stones are distinguished by their strong to moderately-strong primary hue, also known as color saturation, which is the degree of intensity of the stone's color.

Alexandrite stones with lower color intensity or those that lack brightness are less valuable as they do not measure up to the quality of the finest alexandrite gemstones. The most valuable alexandrite gemstones have a color saturation that is so strong that the gemstone almost appears to glow from within. These rare and stunning gemstones are highly prized for their unique and mesmerizing color-changing properties.

Does The Color Affect Its Value?

Well, yes, completely. The value of an alexandrite stone is intricately tied to its mesmerizing color and remarkable ability to transform into a vividly different shade under different lighting conditions. The perfect alexandrite gemstone exhibits a strong color change from bluish-green in daylight to a rich red or purple in incandescent light. The depth and intensity of these colors are also crucial, with more vibrant and saturated hues being highly prized.

Few Final Thoughts

Ultimately, the amount you should spend on an alexandrite ring depends on your budget and personal preferences. Alexandrite is a rare and valuable gemstone with price variations depending on the quality of the stone, its size, and the ring setting.

On the lower end of the price range, you can find alexandrite rings just for a few hundred dollars. However, these rings may have low-quality stones and basic designs. On the higher end, high-quality alexandrite rings with larger stones and fancy designs can cost tens of thousands of dollars. In the end, you should ultimately choose a ring that fits your budget and personal preferences.

So, are you planning to add a stunning alexandrite ring to your jewelry collection right away? Feel free to share your thoughts in the comments section below.

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About the Creator

Eric Baker

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