Tanzanite Rarity and Value
From deep in the foothills of Mount Kilimanjaro in Tanzania comes tanzanite, a gemstone with only a single known source that has become one of the most intriguing and desirable precious gemstones of modern times. It is a variety of the mineral zoisite and varies from blue, to violet, or purple in color. Described as ‘a geological phenomenon’, tanzanite is 1,000 times more rare than diamonds. Tanzanite Jewelry is extremely valuable and coveted, both for the gem’s rarity, as well as its beauty.
Only found in one place
Tanzanite has a unique niche that makes it very attractive and its rarity and exclusivity makes tanzanite and tanzanite jewellery an excellent collectors item. 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. Scientists and gemologists believe that it was the unique conditions brought on by the eruption of Mount Kilimanjaro that resulted in the formation of tanzanite. The combination of elements and chemicals present in the ground, along with extreme pressure and high temperatures created one of the world’s most beautiful gems. Because of the specific conditions that lead to the formation of tanzanite, scientists believe that it is highly unlikely tanzanite will ever be discovered in another location.
Is said to be depleted in 10 to 12 years
The demand for tanzanite is ever increasing. Like in all industries, supply and demand are the main factors contributing to a commodity’s value. In the case of tanzanite, both the supply and the demand contribute to its high value. Thanks to extensive marketing to promote this beautiful gem, the world has fallen in love with tanzanite, making loose tanzanite stones and tanzanite jewellery very desirable. The demand for the stone has become increasingly high, especially in the United States. The supply of tanzanite, however, is limited. Some geologists and mining experts have suggested that current tanzanite deposits could be depleted within the next decade. We are living during what has become known as the 'Tanzanite Generation'; those fortunate enough to already own tanzanite, and those who acquire it in the next decade or so, will be the only first-time owners. Thereafter, tanzanite will become a precious heirloom passed from generation to generation.
Cost over time
With the demand increasing and the supply decreasing, many collectors and enthusiasts believe that the value of fine tanzanite could appreciate over time. Many collectors believe that the stone’s real value lies in the potential for the gem to reach colossal prices once it has been mined out. In a similar situation, Paraiba tourmaline was found in Brazil in the 1980s, and was mined out by the mid-1990s. Today, it can reach up to US$ 20 000 per carat.
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Disclaimer
The information contained on this website is provided for general informational and educational purposes only and should not be construed as financial or investment advice. I am not a financial advisor, nor am I holding myself out to be one. While we personally believe in the long-term potential of tanzanite and are ourselves collectors and investors in the stone, we make no guarantees regarding future value, appreciation, or returns. The value of gemstones can fluctuate due to market conditions, rarity, and demand. Any purchase of tanzanite or other gemstones should be made based on your own judgment and for personal enjoyment or collection purposes.