Tanzanite value ranges between $100 to $800 per carat depending on factors such as color, clarity, cut, and carat weight (more on that later). Generally, the deeper blue the stone, the higher the quality.
Described as 'a geological phenomenon', tanzanite is 1,000 times more rare than diamonds. Tanzanite jewellery is extremely valuable and coveted, both for the gem's rarity, as well as its beauty.
It is noteworthy that Tanzanites in grades SI and higher have impurities that are visible to the naked eye and are sold at comparatively lower prices.
Tanzanite is available in blue, purple or violet-blue. The most sought after color are intense blues. Any colors outside this range are less valuable and not as rare and the deep colored purple and blue Tanzanite gemstones.
Despite the fact that tanzanites are much rarer stones than diamonds and sapphires, which were mentioned above, they have much less value in the gemstone market.
Carat Weight - Tanzanite Prices Per Carat (Updated July 2023) Due to the worldwide pandemic a couple years ago, this caused reduced travel, prices for Tanzanite are still down about 20-30%.
Geologists have estimated that the Tanzanite mines are expected to run out in the next two decades. This makes Tanzanite about a thousand times rarer than diamond. Due to this, Tanzanite has also often been referred to as 'the gem of a generation' as now is the only time to buy first-hand Tanzanite.
The supply of tanzanite is finite. Geologists estimate that the source will be depleted in a decade or so.
Having said that, tanzanites with a dominant blue color are considered to be the most valuable of the lot. This is primarily because the blue variety is quite rare and is, therefore, more likely to yield a higher return (from the investment point of view).
The finer the color, cut, or clarity of the stone, the higher the price. Tanzanite stones are usually classified by brackets with a range of possible prices based on their carat weight, color grading, and the different distribution outlets.
(Like many gemstones, most tanzanite is cut in Jaipur.) The reason for the ban is to attempt to spur development of local processing facilities, thereby boosting the economy and recouping profits.
In general, the more saturated the color of tanzanite is, the more valuable it becomes, as the demand for the deep royal blues is high. Too much saturation, however, and tanzanite can become too dark, especially in a larger gem.
For some wearers, tanzanite may cause lethargy, which makes sense considering all the life-changing revelations you may experience. A side effect of the healing process is that tanzanite can bring up repressed feelings, emotions, and memories that the wearer might not be ready for.
Due to this unique singular event and the recent active foraging in the region, Tanzanite mines are expected to run out in the next 10 to 20 years. As our generation is the last with the opportunity to acquire first-hand Tanzanite, Tiffany & Co. has granted it the name 'The Gem of a Generation'.
Tanzanite can fade with prolonged exposure to sunlight.
The deeper the colour, the more valuable the gemstone, and has been established that consumers naturally gravitate towards gemstones of deeper colours. Tanzanite gemstones of intense colour are more valuable because they occur much more rarely in nature.
Tanzanite. Intense violet-blue hues of tanzanite can rival fine sapphire at a fraction of the price - and it's a much rarer stone!
Value. In terms of value, Sapphire is generally more expensive than Tanzanite. This is due in part to their rarity and hardness, as well as their long history as a coveted gemstone over the ages. Tanzanite, while still very valuable, are more readily available currently and are therefore not as expensive as Sapphire.
However, everyone can wear this stone. It cannot be associated with one particular planet. It has no negative effects. This gem has not been given too much of astrological importance, but its utility can be seen in beauty and medical benefits.
Cubic Zirconia, Synthetic Spinel, Yttrium Aluminum Garnet (YAG), and Glass. These imitations have also been widely used as counterfeit Tanzanite and can usually be easily distinguished as they are all singly refractive while Tanzanite is doubly refractive.
Each tanzanite is sourced ethically and under safe working conditions. Today, this precious gem creates income for a lot of people in Tanzania and has a significant impact on the economy. The purchase of each tanzanite helps contribute to the day-to-day lives of the Tanzanian people.
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.
Tanzanites are generally more expensive than other blue gems like aquamarine or blue topaz. However, they are considerably cheaper than blue sapphires.
Let's Get Straight to the Point
Yes, you can wear tanzanite jewelry every day (if need be) but with utmost care from your end.