While Alexandrites found favor in the jewelry salons of St.
Petersburg, Russia and Paris, France, it was America’s Tiffany Company that
seems to have done the most to popularize the gem. George Kunz, Tiffany’s
master gem buyer, fell absolutely in love with the gem and traveled to Russia
in search of it. No one knows exactly how much of the gemstone he bought, but
Tiffany had reserves so large, that it cornered the market on the stone for
decades. For much of the 20th Century, there were no new discoveries of the
mineral, and so it became very rare. Then in 1987, a new find was made at
Hematita, Minas Gerais, Brazil. In 1993, there was another major find on the
border of Tanzania and Mozambique.
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