Alexandrite and Diamond Ring Value Guide

This mid-20th century ring showcases the legendary 'emerald by day, ruby by red' color-changing phenomenon of Russian alexandrite. Set in a classic white gold halo mounting from the 1950-1970 era, this piece represents a sophisticated blend of Imperial Russian gemstone history and mid-century cocktail jewelry design.

What Is Alexandrite and Diamond Ring Worth?

The typical price range for Alexandrite and Diamond Ring is $3,000 - $3,600 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The intensity and completeness of the color change significantly impact the $3,000 to $3,600 valuation.
• Clarity of the central oval-cut alexandrite, as eye-clean specimens are exceptionally rare for this gemstone variety.
• The total carat weight and quality of the surrounding brilliant-cut diamonds used in the halo setting.
• The provenance and historical connection to the mid-20th century era of Russian gemstone production.

How to Identify Alexandrite and Diamond Ring?

• Verify the distinct color shift from emerald green in natural daylight to a ruby red hue under incandescent lighting.
• Examine the central stone for an oval-cut shape, which was the preferred facet style for maximizing the pleochroism of Russian alexandrite.
• Check for mid-century white gold hallmarks and the presence of brilliant-cut diamonds in a cluster or halo configuration.
• Confirm the origin of the alexandrite, as stones sourced from the Ural Mountains are historically significant and highly prized by collectors.

History of Alexandrite and Diamond Ring

Alexandrite is a rare and highly sought-after gemstone known for its remarkable color-changing properties. Discovered in the Ural Mountains of Russia in 1830 on the day of future Emperor Alexander II's birthday, it was named in his honor. Its unique ability to appear emerald green in daylight and ruby red under incandescent light quickly made it a favorite among Russian royalty and aristocracy, symbolizing good fortune and prosperity. This particular style, featuring a central oval stone encircled by smaller diamonds, often referred to as a cluster or halo design, gained immense popularity in the mid-20th century and remains a classic choice for engagement and cocktail rings.