The Best Alexandrite Engagement Ring in 2021

While diamonds are the traditional choice for engagement rings and are chosen for their value, rarity, and hardiness, many people are now choosing other rare and exotic gems as a symbol of their love.

Choosing one person to spend your life with is a big commitment, and if you can’t make up your mind when choosing the color of your engagement ring stone, with an alexandrite, you won’t have to. You can have both red and green color gems in one stone.

In the day, the light reflects a beautiful green and blue color resembling an emerald, and by night light it glows a pink, red, or purple color, resembling a ruby.

This mesmerizing color-change gemstone was first discovered in an emerald gemstone mine in Russia in the 19th century. It is rumored that it was found on the same day as Alexander II, the Russian Tsar’s birthday, and hence it was named Alexandrite and became the national gemstone.

Alexandrite is a hard gemstone and is considered an 8.5 on the hardness scale, which is nearly as hard as a diamond which is a 10, so like your love, this gemstone will stand the test of time.

Love is a rare and precious gift. Express that connection and commitment with an engagement ring set with a gemstone as rare and unique as your love.

We have researched and compared many styles of alexandrite engagement rings and answered your most pressing questions. We feel certain that by the end of this article you will be equipped with all of the information you need to choose the alexandrite engagement ring of your dreams.

Carry on reading or jump straight to our number #1 pick on Amazon here.

Table Of Contents

What Should I Look For When Buying Alexandrite Engagement Rings?

Criteria 1: Natural or Lab-Created Alexandrite Stones?

The appeal of alexandrite is its mysterious color-change properties. The more complete the color change, the better the quality and higher the value of the stones. The ideal color change is from green in natural light to red in unnatural light. Most alexandrite gemstones color change from green/blue to pink/red/purple.

Lab-created gemstones are chemically identical to natural ones except they are created in a laboratory.

The value of natural gemstones will always be higher than man-made ones. However, the lab-created alexandrites often have more dramatic color change and you will be able to buy a larger stone for a much more budget-friendly price than a natural one.

Both natural and lab-created alexandrite gemstones are beautiful choices, and it’s really a very personal choice as to which gemstone catches your eye.

Criteria 2: The Perfect Metal Setting

Depending on your budget and taste preferences, alexandrite looks dazzling in any metal color including white, yellow, and rose gold.

For a more budget-friendly option sterling silver is also a stunning choice.

Criteria 3: Care of the Stone

Alexandrite is a hard stone, which means that it is not easily scratched or chipped and is a good option for everyday wear.

This stone is easy to maintain with some gentle soap, a toothbrush, and a rinse in tepid water.

Every so often for a more complete clean and to make sure the stone is still securely set, it is advisable to take it to a jeweler for a thorough check-up and professional polish.

Here’s How We’ve Determined the Best Alexandrite Engagement Rings

Selecting your perfect alexandrite engagement ring is a very personal choice. We have searched far and wide and have found a selection of gorgeous alexandrite engagement rings available in different shapes and settings that will take your breath away.

If you are feeling overwhelmed and are not sure which is the perfect alexandrite engagement ring for you, sit back and relax, by the end of this article we think you will know which ring is the one for you.

Go ahead and add some color to your world.

#1: Natural Color Changing Alexandrite Diamond Ring (Best Value)

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This ring is custom-made in rich 14K white or yellow gold, depending on your personal taste.

Set with a gorgeous and basically flawless AAA grade natural oval alexandrite measuring 6 x 4mm, it is prong-set, which elevates the stone from the band and makes it the center of attention.

This alexandrite has a dramatic color change from a blue-green in the daylight to a red-purple hue in candlelight.

To add even more of a wow factor, the alexandrite is set elegantly between two sparkling diamonds that provide the perfect side accent stones to show off the eye-catching center stone.

This ring comes with a certificate of authenticity confirming that the stone is a natural and genuine alexandrite.

Each ring is meticulously custom-made and checked by a jeweler and comes in an elegant box to store your precious piece of jewelry.

Reason #1 to Choose the Natural Color Changing Alexandrite Diamond Ring: Timeless Design

If your heart is set on setting your engagement ring with alexandrite, but you still want a ring with a traditional and timeless setting, this is the ring for you.

Reason #2 to Choose the Natural Color Changing Alexandrite Diamond Ring: Natural Alexandrite

If you want a natural alexandrite stone because you feel that your love is as rare as a genuine alexandrite stone, look no further.

Reason #3 to Choose the Natural Color Changing Alexandrite Diamond Ring: Crafted in White or Yellow Gold

You can express your personal taste by having the choice of traditional and classic yellow gold, or a more modern and elegant white gold.

If you are searching for a natural oval alexandrite ring that has a simple and traditional ring setting, and at a midrange price, look no further.


#2: Natural Brazilian Alexandrite Diamond Ring (Best Quality Natural Stone)

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Alexandrite is one of the rarest gemstones on earth, which makes it so valuable and coveted, kind of like finding that forever love.

A rare deposit of alexandrite was recently discovered in Brazil. What makes this deposit even more of a spectacular find, was the exquisite quality of the alexandrite stones, which have a striking red and green color change.

Since these stones are of such high quality, they are very expensive. If you are looking for the cream of the crop in terms of a high-quality natural alexandrite stone, and you have a high budget, your heart will flutter when you see this ring.

This ring features an incredible natural Brazillian 5 x 3mm (0.28 ct) oval alexandrite stone, prong-set, and encased in a halo of 10 sparkling diamonds, which enhance the beauty of the alexandrite.

The color change of this spectacular ring is complete from a magical green hue to a romantic red.

Like our first choice, it is also custom-made and comes in a choice of either white or yellow gold. You will receive a certificate of authenticity and a ring box to store your jewelry.

Reason #1 to Choose the Natural Brazilian Alexandrite Diamond Ring: Top Quality Stone

When your love has no end and neither does your budget and you want the finest gemstone in terms of quality, then this – the highest quality natural stone on our list – should be yours.

Reason #2 to Choose the Natural Brazilian Alexandrite Diamond Ring: It has a Halo of Diamonds

This is the only oval alexandrite engagement ring on this list that has a natural alexandrite surrounded by a halo of diamonds. The halo enhances the beauty of the alexandrite and gives the illusion of a larger center stone.

If you are after the finest quality natural alexandrite surrounded by glorious diamonds and your love and budget have no bounds, this is a fabulous choice.


#3: Cushion Alexandrite Diamond Engagement Ring (Best Lab-Created)

Unlike our first two choices, this alexandrite engagement ring features a lab-created stone. Looking at this ring, it’s clear that lab-created stones can be just as – or even more – beautiful than natural stones.

This sparkling alexandrite is cushion cut and weighs 1.75 cts, which is a much larger stone than the first two choices. The alexandrite is prong set and accented by high-quality glimmering side marquise diamonds which consist of 2 (4 x 2mm) and 4 (3 x 1.5mm) clarity grade VS, color grade G, and conflict-free stones.

This alexandrite has a stunning color change from a glamorous green hue to a beautiful royal red/purple color.

The band is approximately 1.7mm wide, and you can have your choice in terms of metals including platinum or 14K or 18K rose, yellow, or white gold.

This ring is custom-made in Slovenia by expert jewelers. It will take about 7 to 8 weeks to get this onto your left ring finger, and you will need to pay for shipping. We think the wait and extra cost of this piece are undoubtedly worth it, as this is the only alexandrite ring on this list that can be crafted in rose, yellow, or white gold or in platinum.

Reason #1 to Choose the Cushion Alexandrite Diamond Engagement Ring: 1.75ct Stone

If you are looking for a large center alexandrite stone, this is a big one, and it will definitely rock your world. This is a much bigger stone than our first two choices.

Reason #2 to Choose the Cushion Alexandrite Diamond Engagement Ring: Rose Gold or Platinum

If your heart is set on a rose gold or platinum ring, this is the only one on our list that is available in these metals.

Reason #3 to Choose the Cushion Alexandrite Diamond Engagement Ring: Cushion-Cut Alexandrite and Marquise Diamonds

This is the only ring on our list to feature an exquisite cushion-cut alexandrite and sparkling 6 sparkling marquise diamonds.

If your budget is very high and a big statement alexandrite set in gorgeous rose gold or platinum is what you are looking for, this ring should be yours. It will turn heads!


#4: Natural Alexandrite Ring with Diamonds (Best Low Cost)

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Your dream ring is crafted from 14K white gold and has a natural alexandrite stone and diamonds, but you don’t want to break the bank? Don’t stress – we have you covered.

This piece of jewelry is everything you could want in a natural alexandrite engagement ring, and you can have it for a fraction of the price, compared to our first two choices that also feature natural gems.

This delicate and gorgeous ring boasts a prong-set genuine (0.20ctw) alexandrite stone that has a strong color change from a mysterious green to a striking red/purple.

The alexandrite is placed between 4 (0.03ct) sparkling accent diamonds that are set between delicate wave patterns, which creates a unique almost in-motion feel.

Set on a band of rich 14K white gold, the silver tones of the band and diamonds intensify the different tones of the colors of the alexandrite, making this a really spectacular piece.

This ring is custom made and comes with a certificate of authenticity and a box to keep your rare piece of jewelry.

Reason #1 to Choose the Natural Alexandrite Ring with Diamonds: Budget-Friendly

This one has it all and is at a much lower price than our first two natural alexandrite rings.

Reason #2 to Choose the Natural Alexandrite Ring with Diamonds: Unique Wavy Setting

This is a delicate piece with a very unusual and unique wavy setting that we have only seen in this ring.

Don’t let anyone tell you that you can’t have it all. You can have a natural alexandrite ring with diamonds, set in luxurious 14K white gold for a price that won’t empty your pocket but will fill your heart.


#5: Princess Cut Alexandrite Engagement Ring (Top Princess Cut)

Like our #4 choice, this alexandrite stone is also lab-created using CVD technology, which is the latest method used for growing crystals. The quality of the stone is impeccable, and this alexandrite ring is most definitely fit for royalty.

Boasting an exquisite 1ct princess shape alexandrite stone, it is fully surrounded by a cluster of 16 exquisite clarity diamonds with a total weight of 0.12 ct. This shape produces a straight-lined rectangle and is cut with brilliant style facets, which produces special facets and more sparkle than ordinary square or rectangle cut stones.

With a gorgeous color change from blue/green to purple, this piece will keep you enamored.

The ring is crafted using the milgrain technique which looks like tiny beads of gold along the ring’s edges. This gives a unique and stylish finish and has been used in both new and vintage jewelry.

Set in a luxurious 14K / 18K white gold band, you will also have the option of having your piece of jewelry crafted using nickel-free 18K gold. Nickel-free metals are an excellent choice for people who are allergic to nickel found in a lot of jewelry.

This piece is hand-crafted and you can choose to engrave the band with a special message or name.

Reason #1 to Choose the Vintage Style Alexandrite Engagement Ring: Princess Cut Alexandrite

If you have been searching for a princess cut alexandrite, this is a great choice. This is the only ring on our list to feature this shape.

Reason #2 to Choose the Vintage Style Alexandrite Engagement Ring: Nickel Free Gold

If you have an allergy to nickel in jewelry, this is a fantastic option and the only ring on our list to offer nickel-free 18K gold.

Reason #3 to Choose the Vintage Style Alexandrite Engagement Ring: Engraving Option

This is the only alexandrite ring on our list that has the option to have the band of the ring engraved.

If you would like to feel like royalty not only on your wedding day but every day, this is the ring for you.


Budget Options

If your love is unlimited but your budget isn’t and your heart is set on an alexandrite ring, there’s no need to panic! We have some absolutely dazzling options that won’t cost you an arm and a leg.

#1 Best Budget: Lab Created Alexandrite Open Halo Ring Pear Shape

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This alluring piece of jewelry boasts a large 1.50 ct pear-shaped lab-created alexandrite, that has a fantastic color change from a green/blue hue to a stunning red/purple color.

The alexandrite is surrounded by an open halo of glittering topaz stones and looks like a crown of stones, enhancing the beauty of the main stone.

Set in a rich 14K white gold, the band is paved with more topaz stones half-way along each side.

This pear-shaped alexandrite ring is so full of sparkle that anyone would feel like a million dollars with this ring.


#2 Best Budget Jewelili Sterling Silver Oval Alexandrite and Round Created Sapphire Ring

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If you want a rock on your engagement finger, this is it. At an incredible 2.22 carats, this is the biggest synthetic alexandrite stone on our list.

This is an oval alexandrite and is surrounded by a halo of shiny created sapphires. This ring is a show stopper at an amazing budget-friendly price. With a striking color change from blue/green to red/purple, this ring will certainly grab attention.

Set on a band of 925 sterling silver, the sapphires continue from the halo and crisis cross in two magnificent rows along each side of the band.

If you are looking for an alexandrite engagement ring with a glamorous huge stone on a lower budget, this one will tick all the boxes.


#3 Best Budget Petite Simulated Round Alexandrite and Cubic Zirconia 925 Sterling Silver Ring

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Dynamite can come in small packages, and this delicate alexandrite engagement ring certainly packs a punch for a price that will definitely make you smile.

This ring features a good size 0.69 carat lab-created round alexandrite stone. Prong-set and elevated, there are two quality cubic zirconia that are also elevated, but sightly lower than the alexandrite, which gives the ring gorgeous dimensions.

This round alexandrite will color-change from a green hue to a stylish purple color.

Set in beautiful 925 sterling silver, this ring will last a lifetime.

The perfect alexandrite ring doesn’t have to cost a fortune to mean the world to you. This is a great choice and proves that anyone can own a mystical color-changing alexandrite ring.


Is an Alexandrite Engagement Ring Definitely Right for You?

If you are looking for an engagement ring, alexandrite is a fabulous option as it is a hard stone that can be worn daily.

If you love the look of alexandrite engagement rings and have your heart set on it as the stone for your engagement ring, we can’t think of a single reason why it wouldn’t be a great option for you.

Verdict: Your Best Alexandrite Engagement Ring 

In terms of value for your money and a timeless, classic design, we think that that the Natural Color Changing Alexandrite Diamond Ring is the top option.

If your heart is set on the finest quality natural alexandrite stone, pick the Natural Brazilian Alexandrite Ring.

If you are looking for a rose gold or platinum alexandrite ring, choose the Cushion Alexandrite Diamond Engagement Ring.

If you need an alexandrite ring that is budget-friendly, pick the Natural Alexandrite Ring with Diamonds.

If you dream of a princess cut alexandrite ring, choose the Vintage Style Alexandrite Engagement Ring.

If you want to keep the spend under $250, pick the Created Alexandrite Open Halo Ring Pear Shape.

If you want to keep the spend under $150, choose the Sterling Silver Oval Alexandrite and Round Created Sapphire Ring.

If you would like to keep the spend under $20, pick the Petite Simulated Round Alexandrite and Cubic Zirconia 925 Sterling Silver Ring.

Choosing the perfect alexandrite ring for your engagement will depend on your personal style and budget. Like your marriage, choosing any one of the alexandrite rings featured on this list will definitely bring you enjoyment and happiness for a lifetime.

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