Rare Alexandrite for Auction: Unbelievable Sizes, Unbelievable Prices

A large collection of alexandrite, a rare and valuable color-changing gemstone, will soon be available to purchase at auction through AuctionKing.com. The collection, acquired by a Japanese billionaire, was entrusted to the popular site last month for sale due to Auction King’s expertise in fine jewelry and rare collectibles. Lab certification of the stones is now complete and the collection will be posted to the website for public view prior to auction.

Alexandrite, discovered in the Ural Mountains of Russia in 1830, is an extremely rare variety of chrysoberyl with unique color-changing properties. In daylight, alexandrite appears green, but in incandescent light, it is red. Stones can fall in a range from blue-green to yellow-green in daylight and orange-red to purple-red in artificial light. The dramatic color change of alexandrite when viewed in natural versus artificial light is caused by trace amounts of the element chromium in the crystal structure of the gemstone. In addition, alexandrite is pleochroic, meaning that it also exhibits different colors depending on which direction it is viewed from.

The gem was named after Alexander II, heir apparent to the Russian throne. Imperial Russian military colors were green and red, so alexandrite naturally became the national stone of czarist Russia. The original deposits of alexandrite in Russia have long since been depleted, but it can still be found in Sri Lanka, East Africa, and Brazil, albeit often at lower quality than that displayed in stones from the Urals. The unique chemical makeup and geological properties necessary to produce alexandrite mean it is rarer than diamonds, and the best gem-quality alexandrite remains a rare find to the present day.

The current auction of alexandrite represents an unparalleled opportunity for aficionados of fine and rare gemstones to buy high-quality stones. Alexandrite is most often seen in stones ranging from .5 to 2 karats. However, the collection of GIA-certified stones coming up for auction includes stones ranging to 30 karats and more. The average price for alexandrite is typically $5,000 per karat, with some high-quality stones going for as much as $50,000 per karat. At AuctionKing.com, opening bids start as low as $1, offering collectors the chance to purchase at below-market prices.

Collectors interested in purchasing from this one-of-a-kind collection of alexandrite can view available stones at www.AuctionKing.com. Auction King specializes in fine jewelry, luxury watches, fine art, and other high-end collectibles. Their online live auction format allows bidders from all over the world to take part, either by submitting an absentee bid prior to the start of an auction or by participating in real time. Customers may also request additional information on any item prior to the start of bidding.

Alexandrites enjoy a storied history and rare beauty that make them a valuable addition to the collection of any connoisseur of precious stones. The auction of this rare collection is expected to attract the interest of savvy buyers and dedicated collectors eager to take advantage of the opportunity to own an unbelievable stone at an unbelievable price.