First and foremost, we need to look at the quality and strength of the color change. A strong change where the colors are bright and attractive under any kind of light is most desirable. Many stones are either a beautiful green in daylight or a nice pinki
Cat's eye is the popular name for an optical effect known as chatoyancy in the gemological nomenclature. Microscopic needle-like inclusions inside the stone reflect a streak of light that appears to open and close as the stone is rotated -- hence the eye
Chrysoberyl is the species name and Alexandrite is the variety name. Alexandrite is that variety of chrysoberyl that changes color as a function of the light source; green in daylight and red under incandescent light.
Several other well known gemstones, including diaspore, sapphire, garnet and spinel may also change color as a function of the light source but the color change of top alexandrites is distinctive and attractive under any light conditions.
The cat's-eye effect is caused by the reflection of light off of minute, parallel, needle-like rutile crystals or hollow tubes within the stone. Cat's eye inclusions are aligned parallel to the crystallographic axis and the stones are always cut as caboch