Alexandrite and Diamond Ring Value Guide

This mid-20th-century ring showcases a rare oval-cut Russian alexandrite, a gemstone celebrated for its dramatic color shift from emerald green to ruby red. Set in a classic white gold halo design popular between 1950 and 1970, this piece represents the pinnacle of aristocratic Russian jewelry tradition.

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 effect significantly drive the $3,000-$3,600 valuation.
• The geographic origin of the alexandrite, with Russian stones commanding a premium over those from other regions.
• The total carat weight and clarity of the surrounding brilliant-cut diamonds.
• The overall condition of the white gold setting and the preservation of the central stone's facets.

How to Identify Alexandrite and Diamond Ring?

• Verify the distinct color change from green in daylight to red under incandescent light, characteristic of authentic Russian alexandrite.
• Examine the white gold setting for mid-century hallmarks or maker's marks consistent with the 1950-1970 era.
• Inspect the central oval-cut stone for natural inclusions typical of Ural Mountain deposits rather than synthetic alternatives.
• Check the brilliant-cut diamond surround for uniform clarity and secure prong placement within the cluster arrangement.

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.