In the Ural mountains of Russia in 1830 a miraculous stone first saw the light of day. Found on the 12th birthday of a Russian Crown prince, later to become Czar Alexander II, it was named Alexandrite and has become the June birthstone.
What made this stone so special for the Russian people was it’s almost magical color change, from a deep forest green in sunlight to a deep merlot red under incandescent or candle light. These colors were symbolic to the Russian soldiers as their uniforms bore these same colors and the stone was said to enable the wearer to foresee danger.
Alexandrite is extremely rare, much rarer than diamonds, tanzanite, rubies or any other popular gemstone. This is what gives it such value to the collector and makes it such a sound investment stone. In 2010, for example, 75 MILLION carats of diamonds were mined in the top 7 diamond producing countries in the world. By comparison, roughly 1,200 carats of alexandrite were mined in Hematita, Brazil, the world's main source of gem-quality alexandrites.