Is tanzanite still valuable?

Is tanzanite still valuable?

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 more valuable than diamond?

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 much can you sell tanzanite for?

Low-grade tanzanite can be had for less than $200 per carat, while richly colored tanzanite in sizes between 3 and 5 carats usually goes for no less than $500 per carat. Exceptional examples of any size are typically priced at $1000 per carat or more.

Is tanzanite a good investment 2020?

Tanzanite has a unique niche that makes it very attractive for investment and its rarity and exclusivity makes tanzanite and tanzanite jewellery excellent investment options. It is one of the world’s rarest gems, found in one place – a short area at the foothills of Mount Kilimanjaro in Tanzania called Merelani.

Is tanzanite still being mined?

Tanzanite is only mined at Mirerani in Tanzania and is not available in other parts of the world. But due to illegal mining and trade, tanzanite is being traded by some other countries as well.

Is sapphire more expensive than tanzanite?

Even though a tanzanite is much rarer than a sapphire, the latter is more expensive because of its beauty and eternal association with royalty. The sapphire is also exceptionally durable which further works in its favor and makes it a popular choice for wedding jewelry and engagement rings.

Is tanzanite going up in value?

Unlike Diamonds and gems like Tsavorite, Tanzanite prices do not currently increase rapidly on a per carat basis at different carat brackets. Tanzanite value and hence price is very much linked to rarity – the finer the color/clarity/cutting grade the higher the price.

Why is tanzanite so expensive?

The value of tanzanite is determined by rarity—the finer the colour or clarity, the higher the price. These gemstones can only be found in a 20-square-mile area in Tanzania, in the Merlani foothills. This region is located at the foot of Mount Kilimanjaro.

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.

Is Tanzanite an expensive stone?

The most expensive variant of the tanzanite is the blue tanzanite; specifically, the blue tanzanite with a strong-to-vivid blue color, as well as the tanzanite’s that come in purplish-blue and the violetish-blue color. These colorful stones are the most valuable pieces.

Is tanzanite considered a precious stone?

Tanzanite is not a precious gemstone in theory, but are infact semi precious gemstone. However, these gemstones are mined from only one location in the world, the Merelani Mines in Tanzania making them incredibly rare and expensive. Tanzanite is one of the rarest gemstones on earth and one of the most undervalued relative to its rarity.