The price of tanzanite stone has gone up significantly over the past few years. As it is a birthstone, a collectible, and a trichoic stone, prices have skyrocketed. Whether you are looking for an inexpensive gemstone to wear, or to invest in, this stone is a great choice.
Prices have continued to go up
Tanzanite is one of the rarest gemstones in the world. It is believed that the stone has unique trichroic properties. This gives it a competitive edge in international markets. The price of the gemstone can be anywhere from $200 for an A grade to $425 for an AAA grade.
There are many factors that influence the price of tanzanite. Most of these are related to supply and demand. If the supply of a certain grade of tanzanite becomes scarce, its price will increase. Similarly, if the supply of a specific color reaches a peak, its price will decrease.
Another factor that affects the price of tanzanite is the country of origin. In the case of Tanzania, the country’s government has played a role in exploitation of the stone. However, the government has failed to develop a sustainable industry.
In the meantime, the market has been flooded by illegal miners. These are often artisanal miners, who have little capital investment and little overhead. They are also capable of flooding the market with cheap stones, which can make the price of the more expensive stones rise.
As a result, the price of tanzanite has become more volatile. Although the government has tried to regulate the smuggling of the stones from the mining area, it hasn’t been successful.
For this reason, the price of tanzanite can continue to increase. This can be due to a lack of enforcement, which can lead to disruptive competition and an unbalanced distribution of power.
One of the most interesting aspects of the tanzanite industry is the potential for rapid growth in emerging markets. Consumers in India, for example, prefer colored gemstones over diamonds.
It’s a collectible asset
Tanzanite is an amazing gemstone that is found in a limited area in Northern Tanzania. It is a trichroic stone that exhibits different colors, depending on the angle at which it is viewed.
The rarity of this gem makes it a collectible asset. However, its supply is rapidly decreasing. This will result in an increase in prices over the long run.
Moreover, the price of the gemstone will increase in the future, as mining operations have diminished the global supply. As a result, the demand for the product is expected to rise exponentially.
Nevertheless, the gemstone can be a viable investment. It is said to be a thousand times rarer than diamonds. When mined out, the price of this gem could be astronomical.
The tanzanite industry has the potential to expand rapidly in countries like China and India. These countries have a history of buying precious stones.
However, these markets are not yet established. In addition, retail jewelry networks are not as established in emerging markets as they are in developed ones. This can be a significant disadvantage for the tanzanite industry.
Another key factor affecting its price is smuggling. Large volumes of gemstones in the rough continue to leave the country. A smuggling ban was enacted in 2003, but it failed to reduce illegal production.
Fortunately, the tanzanite industry is beginning to see improvements in its overall business structure. However, it is still far from reaching the success it has seen in other industries.
As a result, it is important for a company such as TanzaniteOne to leverage its current supply to grow its retail presence. By doing so, it will gain greater market power and the opportunity to enter strategic sectors.
It’s a birthstone
Tanzanite is a stone that is believed to bring strength and vitality to the wearer. The gem is also said to inspire a new life. It is said to help the wearer focus and be strategic.
This gemstone is only found in Tanzania. In 1967, a Masai tribe member discovered a large stone. At first, the Masai thought it was a sapphire. However, later they realized that it was a blue-violet type of zoisite.
Since then, Tanzanite has become popular and is often used in jewelry. It is a pleochroic gemstone, meaning that it shows three different colors when viewed from different directions.
While it may look blue under fluorescent lights, tanzanite actually shows violet and bluish purple when viewed from a different angle. That is why it is often treated to achieve these intense colors.
Tanzanite is also sensitive to heat. If it is exposed to sudden temperature changes, it may crack.
This gemstone was named after Tanzania, the country where it is mined. The Tanzanite mines are situated in the Merelani Hills, in the shadow of Mount Kilimanjaro.
A number of celebrities have been known to wear tanzanite jewelry. Kate Middleton, for example, regularly wears tanzanite. She even wore it at the 2015 St. Paul’s Service.
Tanzanite is a very rare gemstone. Only a few square miles of land in the Merelani Hills are mined for tanzanite. As a result, it is limited in supply.
Tanzanite is a rare gem that has many benefits. It encourages strategic thinking and the natural powers of intuition. Besides its vivid color, tanzanite also has high clarity.
Many people believe that tanzanite helps the wearer focus and be calm. Some people also claim that tanzanite has the ability to ward off evil spirits.
It’s a trichoic stone
Tanzanite is a trichoic stone, which means that it has different colors depending on how it is viewed. It can be blue, violet, or reddish. The color of the gemstone depends on the position of the table of the stone in relation to the crystallographic axes.
In addition to being a trichoic gemstone, Tanzanite also has pleochroism, which means that it has the ability to change its color depending on the direction it is viewed. This is a characteristic that has helped it stand out from other gems.
Unlike other gems, tanzanite has the ability to change its color without undergoing heat treatment. Heat treatments can permanently change its color.
It has been noted that Tanzanite has the ability to transform a person’s psychic senses. People find it helpful in calming their senses. Because of its unique vibrations, it also stimulates the body’s immune system.
As a result, it is recommended that tanzanite be used in moderation until you become comfortable in the energy field. You should also be cautious when handling the material. Never use ultrasonic cleaners, as they can damage the stone. Instead, polish it with an untreated cloth.
If you’re considering buying a tanzanite, consider its history. It was first discovered over seven decades ago. Its supply is limited. But, as more people learn about it, its popularity is expected to grow.
Tanzanite has the potential to be one of the most successful colored stones in the world. With consumers in developing countries embracing colored stones over diamonds, it’s likely that its popularity will expand.
Unlike synthetic gemstones, tanzanite is a natural material. However, manmade materials can imitate its physical properties.
Since the mineral zoisite is the source of the tanzanite gemstone’s color, it is important that you know where it comes from. Tanzanite is found in the foothills of Mount Kilimanjaro in Tanzania.
It’s an attractive alternative to the more expensive Blue Sapphire
Tanzanite is a beautiful gemstone that has a violet-blue hue. Its unique color quality is one of the main reasons why it’s become such a popular blue gem.
Although tanzanite is not as durable as sapphire, it is far less expensive. This makes it a good alternative for those looking for a Sapphire look without the high price tag.
The most beautiful tanzanite is the violetish blue variety. Top grade tanzanite gemstones can sell for as much as $2000 per carat. However, most of the tanzanite on the market is natural.
In contrast to sapphire, tanzanite is not widely known, but is gaining in popularity. Some celebrities, including Princess Diana, have chosen to wear it in their engagement rings.
The demand for the gem has increased in recent years, especially from the developing economies. As more of the product is mined out, prices will continue to rise.
For those looking to buy tanzanite as an investment, it’s a good choice. However, it’s important to know that the supply is limited and it’s not easy to find.
One of the reasons why tanzanite is so rare is because it’s only found in one place: Tanzania. Once the country’s mines were split into four blocks, large operators and local miners took over.
The company that currently dominates the tanzanite mining industry is Tanzanite One. They are owned by Richland Resources Ltd., which is listed on the AIM sub-market of the London Stock Exchange.
Tanzanite One is the largest tanzanite miner in the world. With the help of extensive marketing and professional management, they’ve helped tanzanite gain popularity in the marketplace. However, their retail footprint is relatively limited. Their revenues are very small.