Is Natural Alexandrite a Good Investment

Alexandrite is one of the rarest gemstones in the world. The rarity of this stone lies in its ability to change two colors in different lighting conditions. This unique color-changing property determines its value. Alexandrite stone is an expensive stone with a price ranging from INR 1 lakh to 10 lakhs per carat in India. 

Besides the rarest color-changing feature, it exhibits healing properties as well. The combination of both beauty and benefits makes natural Alexandrite a good investment. Let's know more about why one should invest in this stone and what to take care of: 

What is Alexandrite?

It is a precious gemstone that belongs to the chrysoberyl mineral family. This rare chrysoberyl stone features a green color in daylight and purplish red under incandescent light. Thus, Alexandrite gemstone is also referred to as “emerald by day, ruby by night,” and the phenomenon is called the “alexandrite effect.” 

The color of the stone comes from impurities that are chromium elements. Other than this, interaction with light is another factor that gives color to the gem. When light passes through the gemstone, some colors are absorbed while those reflected create the gem’s color.  

Also Read: Why is Alexandrite so Special ?

So, in the case of this chrysoberyl, when light of a certain wavelength falls on the stone, all others are absorbed while the remaining green and red that remain unabsorbed make the stone get its color. 

Reasons Why Alexandrite is the Best Investment

So, this rare color-changing gemstone is more than just a beautiful gemstone. Here are the reasons why you should buy alexandrite stone: 

Alternative for Diamond 

Colored gemstones are getting popular these days. They are best considered diamond alternatives because of their rarity, splendid colors, and affordability. Alexandrite is a precious gemstone that, besides being more expensive than diamond, is considered a better option to invest. This is because of the rare color-shifting property found only in these chrysoberyls. 

A 1 carat Alexandrite stone looks smaller but is denser than a 1 carat diamond. This means that they weigh the same as diamonds. Denser gems are more valuable for engagement ring and wedding rings.

Know More Here: Best Gemstone Alternatives for Diamond Engagement Ring

Durability and Hardness 

If you compare the hardness of this rare gem with diamonds, they may differ slightly but are scratch-resistant and durable. The Alexander stone hardness is 8.7, while diamonds have a hardness of 10. Thus, investing in durable gems like this rare stone is an excellent thought for those looking for jewelry longevity. 

Do you known this rare stone is also good for healing read our blog: Unveiling the Healing Properties of Alexandrite Gemstone

Rarity and Exclusivity 

When it comes to rarity, high-quality alexandrites are much rarer than diamonds. Those that show a prominent color shift from emerald green stone to ruby red are especially considered rare and exclusive. Above that, finding 3 carat alexandrite stone and above is difficult. 

Originally discovered in Russia, Alexandrites remain exceptionally rare to this day. While additional sources have emerged in regions like Sri Lanka, East Africa, and Brazil, their scarcity persists. In India, these captivating gemstones are found in Raipur, Chhattisgarh. However, the quality and availability of these gems fall short of the world-renowned standards set by their Russian counterparts. 

Also Read: Alexandrite vs Chrysoberyl - When to choose what?

Comparison to Other Precious Stones 

Is ruby stone more expensive than alexandrite? Yes, Burma ruby is costly. Larger carat weight Manik Ratna from Burma Mogok Valley are much rarer. The explicit pigeon blood-red hue of these stones is a characteristic feature of those found in Burma. 

The old Burma ruby is found only in the Mogok region, which limits its availability. However, this doesn't mean Alexandrite's worth is less. The price of this rare gemstone increases with size.

Also Read: Alexandrite: How the Color Change Phenomenon Impact Stone Price?

Symbolism in Various Cultures 

Alexandrite meaning refers to luck and transformation. For individuals who want positivity in life, wearing this color-changing gemstone is highly recommended. In Vedic astrology, Alexander's stone is associated with the planet Mercury. It is a suitable ratna for Gemini people.

Also Read: In Which Finger to Wear Alexandrite Gemstone

 Wearing an alexandrite engagement ring on the little finger of the left hand is said to be auspicious for females. This rare gemstone ring brings peace and harmony to married life. Know more in our blog: Harmony in a Relationship? Know Alexandrite Stone Benefits for Marriage