Tanzanite: The Gemstone of a Generation
The story of Tanzanite is captivating and relatively modern than other gemstones. Mined at only one location on earth, Tanzanite is often referred as the "gemstone of a generation" as this generation is probably going to be the only one of the only first-time owners of this magnificent stone. A few years later, a tanzanite will turn into a rarer gemstone, which you can only carry on from one generation to another. According to experts, this extraordinary gemstone is anticipated to be depleted within 25 years. On the other hand, Tanzanite is one of the most underrated gemstones in terms of its rarity. Tanzanite became the second most popular blue colored gemstone after Sapphire in 2001. The stone's magnificence and rarity charmed buyers. Everybody wanted to possess a piece of this gemstone.
As we
mentioned earlier, Tanzanite is relatively a modern gem dissimilar to other
gemstones that have been a long part of society since ancient times. It is a
blue variety of zoisite that ranges from vivid blue, through violet, to
violetish purple. Today, all gems being sold as "tanzanite" have blue
shading that has been enhanced by heating. A limited quantity of tanzanite in
the commercial market has natural blue shading through the heat of metamorphism
with no treatment by individuals. This normally blue, untreated tanzanite is
ultimately rare and is very much appreciated by some gem buyers who search
it out when making a purchase.
On the
other hand, Tanzanite, the "gemstone of a generation," will come to
an end in a few years. Tanzanite mines are near to depletion. In fact, as the
gemstone turns out to be scarcer, the independent miners who once hectically
dug for tanzanite will begin to give up on finding more of the rare gemstone.
Future
Outlook of Tanzanite:
Looking
forward, there are various elements that may affect Tanzanite’s price. China's recent entry to the market and
Tanzanite’s increasing demand in that nation is a trump card that could
influence the price structure in coming years. A ton will rely upon the
recovery of the biggest market, the US, and the purchasing force of the working
class shopper there. This will be the propeller for Tanzanite deals in the
medium to fine grades. The best grades will probably see continued price
inflation through low supply because of their rarity and demand from big league
salary sections in the US and China.
Medium
and fine grade Tanzanite will consistently be susceptible to the vagaries of
the market yet the exceptionally best stones will consistently hold their worth
and experience consistent price inflation because of their extraordinariness
and thriving interest. The biggest watershed at Tanzanite price is relied upon
to be recognized once the stone is totally mined out.
This
flawless gem has a straightforward blue to violet or violet-blue tone. For
some, who love the blue sapphire, a tanzanite of energetic blue color makes a
delightful substitute, which in most cases is affordable.
Tanzanite’s
pricing History:
The
prices of Tanzanite surged during the period from 2002 to 2007. From lows of
$200 per carat for medium to fine, they rose to all-time high $600+ per carat
prior to dropping back by 20-30% in the ravages of the recession in 2008/2009.
The recession didn't influence the costs of the exceptionally best grades yet
medium/fine material and lower grades were severely affected. The best grades
were bolstered by ongoing demand from the moderately unaffected big league
salary sections combined with very low supply because of their rarity. Lower
grades on the other hand, lost up to half of their price value through 2009.
From 2010
to 2013 prices again stabilized and got back to their pre-recession period and
the price for the extremely best stones started to edge upwards once more. This
pattern inconsistently continued till 2018, when the new president, John
Magufuli brought Tanzanite production to a standstill.
Tanzanite’s
Upcoming Market:
Beside
the world's established gem markets, there are a few new and upcoming markets,
which are further expanding the likely interest for Tanzanite, mainly in India
and China. As these markets develop, gemstones trade will get huge benefits
overall, as both cultures have long standing relationships with valuable
stones. In fact, both Indian and Chinese cultures have affection for hued
stones with metaphysical properties. Tanzanite, as a rare and revered gem with
implications that its pure violet blue depth, has healing properties. This
makes it a perfect choice of an annually developing market of Chinese and
Indian purchasers.
Investing
in ‘Gemstone of a Generation’:
Tanzanite has a unique specialty that makes it exceptionally appealing for investment and
its rarity makes it a perfect investment option. In view of Tanzanite’s rarity
and scarcity, there could be no other investment that will yield as incredible
a return as investing into tanzanite of the greatest quality. The interest for
tanzanite is ever-increasing. Like in all industries, supply and demand are the
main elements, which determine commodity’s value. In case of tanzanite too,
both the supply and demand add to its high worth. The interest for the stone
has become progressively high, particularly in the United States.
Today,
Tanzanite has emerged as a great investment option with good returns in the
future. Although investing in precious gemstones can be a riskier step, however
with an appropriate knowledge of the market, one can mitigate the risk factor.
In view of its scarcity, Tanzanite’s prices are expected to hit high in the
future, which not only makes it a good choice for your collection but also a
perfect investment with higher returns. Currently, a high-quality rich-colored
Tanzanite can range from $300 to $425 per carat, which is an affordable option
in comparison to other precious gemstones such as Diamonds, Rubies and
Emerald. Given its scarcity, it would be reasonable to assume that its
value will skyrocket in the coming years. Its rarity and exclusivity makes it
an excellent investment option. In case you're buying a tanzanite for
investment, we recommend you to keep in touch with a specialist first.
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