What is the Value of Tanzanite 2024

Tanzanite, a beautiful gemstone know for its amazing blue-violet color, was first found in Mount Kilimanjaro in Tanzania since its discovery in 1967. This gem is extremely rare, which helps to its excellent value. In this guide, we'll look at what makes tanzanite so special, from its unique origin to its beautiful look. We will also go over how factors like rarity, color, and quality affect its price, showing why tanzanite is a popular choice in the jewelry industry. 

What Is Tanzanite?

Tanzanite, also known as zoisite, is known for its beautiful blue-purple color and is the second most costly blue stone after sapphire. It was designated the official Birthstone for December in 2002. The gemstone's name honors its start in Tanzania and helps to its high value due to its rarity outside of this region.

The Rarity And Price Of Tanzanite

Tanzanite is not as generally available as other gemstones like diamonds and emeralds, as it's found almost only in Northern Tanzania. Its rarity increases its value. Most tanzanite gems are heated to enhance their bright blue and purple tones, although the most precious are naturally blue. This treatment can have a major impact on their market price.

Tanzanite prices range between $100 and $1000 per carat, depending on the gem's color, clarity, cut, and size. Generally, the deeper the blue, the higher the quality and cost. Prices for top-quality AAA tanzanite range from $200 to $300 per carat, with larger stones costing $500 or more. 

Is Tanzanite Value On The Increasing?

Tanzanite value changed recently. Issues like gem smuggling, the impact of the worldwide, and increasing global demand have caused its prices to fall by about 20%-28%.

However, tanzanite remains a valued investment gem, mainly found in a limited area in Tanzania. As available mines are predicted to deplete in the coming years, tanzanite's rarity is likely to increase its value. Soon, tanzanite may only be available from current collections, which could further increase its worth as a sought-after gemstone. 

Diamond Value Vs. Tanzanite Value

Tanzanite and diamonds are both valuable diamonds, but they reflect different stories. Diamonds are not rare like tanzanite. Diamonds can be found all around the world, including in labs, and come in many different types of colors. Tanzanite, on the other hand, is only found in Tanzania and is most valuable in deep blue colors.

Diamonds are extremely hard rating a perfect 10 on the hardness scale, but tanzanite is softer, ranking 6-6.5. Despite this, both gemstones are graded using the same four factors: diamond color, diamond cut, diamond clarity, and diamond carat weight. These factors impact its value for buyers.

Tanzanite Per Carat Price Chart in 2024

What Color Tanzanite Is The Most Valuable?

The most valuable tanzanite color is a light periwinkle purples to deep royal blues. Tanzanite's beauty rests in its excellent color, which is sometimes known as "cornflower blue" or "royal blue." Stones with a deep, vivid blue color are typically regarded the most attractive and attract higher market prices. These brilliant blue tanzanites are rare and prized by buyers and the jewelry market.

Which Factors Impact The Value Of Tanzanite?

The 4 Cs of diamonds:

• Diamond Color: The most valuable tanzanite stones have a brilliant deep blue or violet color.
• Diamond Cut: The way the stone is cut affects how much it sparkles and how its looks overall.
• Diamond Clarity: Tanzanite with minimal flaws is more attractive.
• Diamond Carat: Larger stones are rarer so they are more costly. 

Tanzanite Availability:

Tanzanite is very rare, and experts think the current mines will only last another 22-25 years. While demand for tanzanite is stable, similar to diamonds and emeralds, its rarity could make it an attractive investment. If no new mines are identified, buying tanzanite may become more profitable.

What Is Tanzanite Resale Value?

Tanzanite is a rare gemstone found at the base of Mount Kilimanjaro and has become an excellent investment. It is in high demand in the United States, and China, indicating that tanzanite's resale value will go up in the future.

Currently, top-quality tanzanite, particularly those weigh around 2 carats, can be sold for $600-$700. However, given the available supply of tanzanite is likely to decrease because of limited mining, the price might see significant changes soon.

Conclusion: Tanzanite Gemstone Value

Tanzanite stands out with its stunning blue-violet color and scarcity, making it a valuable gemstone. It is only found near Mount Kilimanjaro, and its availability is decreasing, which could result to an important increase in value. With experts showing that tanzanite mines would only mine another 20-25 years, now is an excellent moment to invest. This gem is not only popular among jewelry lovers because of its beauty, but it is also an excellent choice for those wishing to invest in something that will increase in value. As demand grows, particularly in the United States and China, tanzanite's financial prospects look good. This makes it a best option for anyone looking for rare and tanzanite jewelry.

FAQs: On Tanzanite Value

Q.1 What is tanzanite?

Ans. Tanzanite is a rare gemstone famous for its unique blue-violet color. It has only been located near Mount Kilimanjaro in Tanzania since 1967.

Q.2 Why is Tanzanite so valuable?

Ans. Tanzanite is a rare gemstone located only in a limited area of Tanzania. Its beautiful colors and limited supply make it very expensive.

Q.3 Which factors affect tanzanite's price?

Ans. Tanzanite prices vary depending on 4Cs of diamond (color, clarity, cut, and carat weigh). The richest, deepest blues are the most valuable. Its rarity also impacts its price, particularly as the diamond gets more difficult to find.

Q.4 Is Tanzanite becoming more expensive?

Ans. Yes, tanzanite prices mor expensive because to rarity and limited mine sources. As more people demand it and it becomes more difficult to find, the price goes up.

Q.5 How does the rarity of tanzanite affect its investment value?

Ans. Because tanzanite is so rare and the mines may run out in 20-25 years, it is becoming a good investment. Its price is likely to keep going up as it gets rarer.

Q.6 Can the value of tanzanite decrease?

Ans. Never, While tanzanite is growing more valuable, its price may fall due to economic factors or changes in jewelry styles.

Q.7 What should buyers know about buying tanzanite?

Ans. When buying tanzanite, look for high-quality stones and buy from reliable sellers. Because tanzanite is rare, it should be considered a long-term investment.

Q.8 What are experts saying about the future value of tanzanite?

Ans. According to experts, tanzanite will become even more valuable over time as availability falls, making it an excellent choice for collectors and investors.