Chalcedony is not scientifically its own mineral species, but rather a form of Quartz in microcrystalline form. However, the name is an old name, and almost all mineral reference guides and collectors distinguish Chalcedony separately from Quartz. In the gem trade, the name Chalcedony usually describes only white or blue Chalcedony, to distinguish it from the multicolored banded variety Agate and other unique varieties of this mineral.

Chalcedony has a waxy luster, and may be semitransparent or translucent. It can assume a wide range of colors, but those most commonly seen are white to gray, grayish-blue or a shade of brown ranging from pale to nearly black.