Allophycocyanin was purified from the extremely thermophilic blue-green alga Synechococcus lividus. It was shown to be more stable to thermal or urea denaturation than allophycocyanin from a mesophilic organisms. Its amino acid composition and spectroscopic response to pH were investigated. An analysis was made of the relatively low fluorescence polarization of allophycocyanin compared to that of a comparable sized aggregate of the biliprotein, C-phycocyanin. A rather speculative conclusion was reached that suggests that the lower polarization of allophycocyanin may be caused by orientations or positioning of the chromophores that are more favorable for intra-protein energy transfer.