Is tanzanite an expensive stone?
Is tanzanite an expensive stone?
Tanzanite is one of the rarest gemstones on earth and one of the most undervalued relative to its rarity. Given its scarcity, it would be reasonable to assume that it would sell at a high premium. Yet, with the price per carat ranging between US$300 and US$600, it sells for far less than diamonds.
Is tanzanite rarer than diamonds?
Some geologists say that the circumstances leading to the formation of this gem, millions of years ago, are so exceptional that finding it anywhere else across the world is nearly impossible. This fact makes tanzanites almost a thousand times rarer than diamonds.
How much is tanzanite worth today?
CHART SHOWING TANZANITE PER CARAT PRICES IN 2022
| CARAT WEIGHT | Investment Grade Finest 1% Mined | B Grade |
|---|---|---|
| 0.00 – 1.99 carats | $600 – $700 | $100 |
| 2.00 – 2.99 carats | $750 – $1350 | $150 |
| 3.00 to 9.99 carats | $780 – $1380 | $170 |
| 10 carats plus | $800 – $1500 | $190 |
What is so special about tanzanite?
It is a member of the zoisite family, but is unique because of its striking blue/violet colour. Tanzanite is uniquely trichroic. This means that in its rough form, it radiates three different colours from each of its crystallographic axes: blue, violet and red.
What is the rarest gem on earth?
Painite : Not just the rarest gemstone, but also the rarest mineral on earth, Painite holds the Guinness World Record for it. After its discovery in the year 1951, there existed only 2 specimens of Painite for the next many decades. By the year 2004, there were less than 2 dozens known gemstones.
Is tanzanite a good investment 2020?
Yes, Tanzanite continues to be on the most valuable gemstones on the market today. This due to the scarcity of Tanzanite itself. It is only found in one area of the world making it a very rare gemstone. The price per carat for Tanzanite ranges between $100 and $800 depending on the quality.
Is tanzanite better than diamonds?
It’s been said that Tanzanite is like Diamond, but Tanzanite is at least 1000x more valuable and more rare than Diamond. Diamonds have been minded in large quantities.
How long before tanzanite runs out?
Q: Will the supply of Tanzanite ever run out? A: Due to the fact that tanzanite is only found in one place in the world and is formed as the result of a rare geological phenomenon, most estimates are that there is enough tanzanite in the ground to last for another 10-12 years.
Why is tanzanite better than any other gemstone?
Though almost all tanzanite undergoes heat treatment to produce its attractive blue hues, this treatment produces a stable color that makes this stone so desirable. The deep blue in this 3.9-ct cushion-cut tanzanite rivals that of fine blue sapphire. Photo by CustomMade. Used with permission.
Is tanzanite a good investment?
The tanzanite is one of the rarest gemstones on earth, and its rarity is the reason why it makes a great investment. Regarding its rarity, the tanzanite is only found in one part of the world – Northern Tanzania. It has a mining area in a rather small part of the country, specifically in an area of 6,000 square kilometers.
Should you buy tanzanite?
Tanzanite is a rare gem, and naturally is very precious and expensive. Its beauty, value, and the fact that it is not available in abundance, have led traders and merchants to believe that it would probably be a good investment. However, this needs to be carefully thought over and involves a number of factors.
Why is tanzanite rare than diamond?
Tanzanite’s only source is a 4km strip of land near Mount Kilimanjaro making it a thousand times more rare than diamonds. Tanzanite is trichroic, meaning that in its rough form, it radiates three different colors from each of its crystallographic axes: blue, violet and red.
