Tanzanite: The Rare Gemstone That’s Becoming a Highly Sought-After Investment
Tanzanite is a relatively new and rare gemstone discovered in the 1960s, and it has become one of the most sought-after gemstones worldwide. This blue-violet stone is found only in one place on earth, which makes it an extremely valuable and unique addition to any jewelry collection.
The rarity of tanzanite can be attributed to its location. It is found exclusively in the Mererani Hills of northern Tanzania, near Mount Kilimanjaro. The deposit area covers only a few square miles, making this region the only source for tanzanite. Furthermore, mining tanzanite requires specialized equipment and skilled laborers that are scarce in this remote area.
Another factor contributing to its rarity is its geological formation process. Tanzanite was formed around 585 million years ago during metamorphism when high heat and pressure caused existing minerals to recrystallize into new ones. This natural phenomenon occurred deep beneath the earth’s surface over millions of years, making it difficult to find sizable deposits.
Due to its limited supply and difficulty in finding more substantial reserves, experts predict that tanzanite supplies will run out within the next couple of decades. As such, owning a piece of jewelry with tanzanite now means you have something truly special as well as an excellent investment.
In terms of value per carat weight, Tanzanites are priced higher than many other precious stones like sapphires or rubies due to their scarcity factor. However, while they are considered rare gemstones today, they were not always highly valued until Tiffany & Co., recognized their beauty back in 1968.
With time though came appreciation for this gorgeous jewelstone – especially among collectors who appreciate both elegance & rarity combined together into one beautiful package! Today there are plenty more people clamoring after these stunning pieces because they represent so much more than just monetary value; they’re also symbols of sophistication, style, and class.
Furthermore, tanzanite’s rarity has also led to it becoming a collector’s item. Many collectors are willing to pay high prices for unique tanzanite pieces that possess exceptional color and clarity. One such example is the Queen of Kilimanjaro necklace, which features a stunning 242-carat tanzanite gemstone surrounded by 803 brilliant cut diamonds on an 18k white gold chain. The necklace was valued at $2 million when it was sold in 2014.
The value of Tanzanite lies not only in its beauty but also in its metaphysical properties. It’s believed to represent spiritual growth and transformation while enhancing intuition and psychic abilities. For those who believe in the healing power of crystals, tanzanite is said to have calming effects on the mind and body while promoting inner strength and courage.
When purchasing a piece of jewelry with tanzanite, there are several factors you should consider to ensure that you get your money’s worth:
1) Color: The most valuable tanzanites have vivid blue-violet hues with medium saturation. Stones with too much purple or gray tones may be less valuable.
2) Clarity: Like other gemstones, tanzanites can have visible inclusions or blemishes that impact their value.
3) Cut: A well-cut stone will maximize its brilliance and enhance its color.
4) Carat Weight: As mentioned earlier, larger stones are rarer and therefore more valuable than smaller ones.
In conclusion, Tanzanite is one of the world’s rarest gemstones found only in Tanzania’s Mererani hills region near Mount Kilimanjaro; this makes them highly sought-after among collectors & investors alike due to their scarcity factor combined with natural beauty – making them truly special pieces indeed! They’re also popular for their metaphysical properties as they’re said to have calming effects on the mind and body while promoting inner strength and courage.
When buying tanzanite jewelry, it’s important to consider factors like color, clarity, cut, and carat weight to ensure that you get a high-quality piece that will be worth your investment. Whether you’re looking for a statement necklace or a simple pair of earrings, tanzanite is an excellent choice for those who appreciate rarity and elegance in their jewelry.