Saturday, November 5, 2011

Gemstone of the Week: Alexandrite

Alexandrite is a gorgeous, and highly rare form of the mineral Chrysoberyl.  Alexandrite was first discovered in Russia in the Ural mountains in 1830.  It was given the name Alexandrite as it was discovered on the 12th birthday of Czar Alexander II. It is a very unusual stone as it is a colour change gem.  Under incandescent light, Alexandrite will appear purplish-red and green in natural sunlight.  It is an extremely rare gem and can be valued at upwards of $20,000 per carat for the highest quality stones, with a starting value of natural stones with noticeable colour change being $1,500 per carat.