There are threats to any investment, of course. But are tanzanites worth it?
What You Should Know About Tanzanites
Of course, there are risks associated with any investment. However, since its discovery in 1967, the price of tanzanite has risen dramatically. Tanzania, the only nation where tanzanite is mined, has experienced a number of political upheavals, causing the stone's availability to fluctuate. Supply is becoming increasingly limited as the world's only supplier is frantically exploited to meet enormous and growing demand.
As a result, the stone is becoming increasingly scarce, especially in the more desirable quality, which historically accounts for less than 1% of total output. Furthermore, tanzanite's mineral name, zoisite, is found only in a few places around the world (Kenya, Norway, Switzerland...). As a result, increased market volatility could result from the discovery of gem-grade zoisite that can be heat-treated to a similar blue hue in the future.
Details of this stone: Color: Blueish Purple Weight (cts): 17.76 Shape & Cut: Cushion Origin: Tanzania Treatment: Heat Certified: No Single/pair: Single
Is It A Good Investment?
However, it has been suggested that the mine could be depleted within a few years, which we believe is incorrect. There will be enough tanzanite to last for many decades. Until then, the investment will be determined by how much risk you are willing to take in order to determine whether or not the mine will be exhausted quickly enough.
Also, if we ever discover a new deposit anywhere on Earth, which is almost unlikely due to the extraordinary conditions that must be met for its formation, the market will crash. But, as we've seen with numerous other stones, anything can happen! It is still a strong investment in our opinion, and we would suggest investing in tanzanite.
If you have any questions on how to choose the best tanzanite, please send us a message and one of our expert gemologists will be happy to help.
Tanzanite 17.76 cts
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Social Media Manager at GemMatrix
With over ten years of marketing experience, I finally decided to settle down in Bangkok to work in an area that I have always been interested in: the gemstones industry. I'm still learning how the market works on a daily basis, and I enjoy sharing my experience with those who are interested in learning more about gems in general.