The gemstone has several different names: red beryl, red emerald, or bixbite. Originally, the mineral was named bixbite, but now red beryl is the most accepted designation. Red beryl is estimated to be worth 1,000 times more than gold and is so rare that one red beryl crystal is found for every 150,000 diamonds. Petra LLC manufacturing enterprise offers for sale emerald and bixbyite crystals, grown by a method of hydrothermal regrowth of natural beryl.