The main reason of the high demand of Tanzanite gemstone is due to its blue or magnetic violet color.
This variety belongs to the Zoisite mineral family. By stimulating different chakras, it can bring equilibrium to life.
After 1960, there was a discovery of Tanzanite for commercial use, although it was effectively used for 100 years.
The deposition of this gemstone is located In Northern Tanzania, so the name comes from its source.
It is one of the most popular gemstones because of its large cut potential, vivid colors, and high clarity.
The history of Tanzanite has seen lows and highs like $200 to $800 per carat. Because of its rarity and inconsistent mining, there is a frequent fluctuation in its price.
Due to its semi-precious quality and rarity, there is an enormous impact on its cost. Its rarity is a thousand times more than diamonds.
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How Much Does Tanzanite Cost?
A 3 to 5-carat weight good grade tanzanite costs about $400 to $550 per carat, approximately the cost in the webs, trade shows, mines, and jewelers. $700 per carat is the cost of higher grade tanzanites. The price goes upward depending upon the intense color richness, and $1000 per carat and more is its cost.
You can get a quality stone at a reasonable price from an online store because the playing field balances the prices by the internet and trade shows.
For example, online stores offer you tanzanites at an approximate price of $600 per carat.
Costs per carat of Tanzanite
There is a 20-30% downfall in the price of Tanzanite due to the pandemic and less travel. For the last 45 years, the lowest selling price of large and fine Tanzanite cheap is below $500 per carat during this worldwide pandemic.
As compared to other gems like Sapphire, ruby, Diamond, or emerald, the carat weight of Tanzanite has less value in 2021.
The availability and price of Tanzanite have a dramatic effect because of China’s interest in the tanzanite market these days. Therefore, there is a quick and dramatic change in the cost of Tanzanite nowadays.
Is tanzanite a good investment ?
The Tanzania government tries to stop the smuggling of Tanzanites out of the country and in mining areas.
So the cost of high-quality Tanzanite has begun to rise. For the success of this plan, a wall was built around the mining area by the military.
To avoid taxation, most of the roughs were transported to neighboring Kenya, and there are mostly for cutting purposes, there was export to India.
Tanzanite becomes a good investment stone because of the changes taking place in Tanzania.
Quality of color in incandescent lighting and in daylight, depth of color, type of cut, clarity of the stone, quality of polish and cut, the current supply, and demand are the other affecting factors on the cost of Tanzanite.
Cost per carat for very good to good clarity and cut
| AAA+ | AAA | AAA-AA | AA | A | PALE | |
| .00 to .49 carat | $240 | $200 | $ 190 | $ 100 | $ 70 | $ 50 |
| .50 to .79 carat | $ 325 | $ 275 | $ 220 | $ 150 | $ 100 | $ 65 |
| .80 TO 1.25 Carat | $ 425 | $ 300 | $ 260 | $ 220 | $ 150 | $ 100 |
| 1.25 to 1.99 carat | $ 550 | $ 450 | $ 325 | $ 300 | $ 175 | $ 125 |
| 2.00 to 2.99 carat | $ 650 | $ 550 | $ 450 | $ 350 | $ 250 | $ 150 |
| 3.00 to 9.99 carat | $ 780 | $ 650 | $ 450 | $ 375 | $ 250 | $ 200 |
| 10 carats plus | $ 800 | $ 700 | $ 500 | $ 425 | $ 275 | $ 225 |
- AAA+ – Exceptional color
- AAA – Vivid color
- AAA/AA – Intense color
- AA – Moderate color
- A – Light color
Adjustments:
- native / poor cutting – deduct 15% to 30%
- Fine cutting – add 5% to 15%
- Clarity VS Clarity adjustments – deduct 5% to 8%
- SI clarity – 15% to 20%
Influencing factors on the cost of Tanzanite
Color
Violet and blue are the common colors of Tanzanite. Pleochroism is a unique feature of this gemstone.
When the angle of viewing changes, different colors appear in the Tanzanite due to that feature.
Due to pleochroism, bluish-violet shade is formed from the generic color. To find a genuine color, some tanzanites need treatment by a highly trained person.
Cut
To decide the quality of Tanzanite, the cut of the stone plays an important role. It is difficult to cut the gemstone because of its pleochroism effect.
If there is not a perfect cut according to the pleochroism, then there is no showcase of visible colors from different angles and the cost of Tanzanite will be decreased.
Some difficulties like loss of brilliance, windows, and bad symmetry may appear due to improper cuts when setting the stone.
Clarity
Tanzanite is a gemstone with high clarity and nearly no visible inclusions in it. One can identify the inclusions only under a microscope because they are so minute.
Therefore, there is a drastic reduction of cost if any visible inclusions appear in the gemstone.
Carat weight
The total weight of a gemstone is referred through its carat weight. If the size of a tanzanite increases, then the value will also be increased.
So as compared to smaller Tanzanites, bigger ones are more expensive. There is finest and deepest colors are found in the tanzanites, which are more than 5 carats.
Conclusion
There is a circulation of imitation tanzanite in the gemstone market because of its attractive color shades and it becomes a desirable gemstone.
To improve the color of fake tanzanites, some frauds coated and heated some cheap stones. Before buying Tanzanite, do a proper investigation and then invest in it.
You have to test the gemstone from a reputable Gemological Laboratory and ask for an authentication certificate before buying.
Tanzanite is the worlds’ most beautiful and popular gemstone. It can help in bringing calmness, energy, and happiness by its healing properties. It is used for health, emotional, spiritual, chakras healing, and relationship benefits.
When Tanzanite is infused with a piece of jewelry, it looks quite elegant, brilliant, and bold. 6.5 is the hardness of Tanzanite on the Mohs scale. You have to handle it with so much care. To clean Tanzanite, you should avoid high heat and ultrasonic heat. You have to keep it separate from any sharp objects to prevent scratches on its surface. You have to clean it by using water and mild soap and by a dry cloth, you can wipe it.
