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.

How much is tanzanite worth today?

For richly colored AAA Tanzanite, 1ct is approximately worth $200-$350 per carat. 2ct sizes reach $400-$550 per carat. 3 carats and up will reach $500-$675 per carat. The changes taking place in Tanzania makes tanzanite a very good investment stone.

Why is tanzanite so special?

Tanzanite is rarer than diamonds. Tanzanite is said to be 1000 times rarer than diamonds. This is due to the fact that it is only found in one very small area of the world. The gemstone was created millions of years ago by the same tectonic shift that created Mount Kilimanjaro and the Great Rift Valley of Tanzania.

What is the rarest gem in the world?

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 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.

Should I invest in tanzanite?

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.

Which is better sapphire or tanzanite?

From the durability point of view, sapphire is clearly the winner. Tanzanite, on the other hand, needs more care because it isn’t as tough and also has the ‘gemstone cleavage’.