Why Tanzanite Is A Valuable Stone?

Gemstones have been classified as precious or semi-precious since the 1800s, based on several criteria that were developed at that time. The same split is still in use today, despite the lack of conclusive scientific evidence.

Essentially, the four major gems used in jewelry the diamond, ruby, emerald, and sapphire have been designated as valuable due to market demand that has been generated through astute marketing. The tanzanite and all the other jewels are categorized as semi-precious. So, here in this blog you will get to know about the history, different myths and meaning of tanzanite, and the most expensive tanzanite.

The History of Tanzanite Gemstone

Believe it or not, tanzanite is a relatively recent addition to the gemstone industry. When lightning struck the foothills of Mount Kilimanjaro in 1967, it was first discovered. Later, a group of Maasai tribesmen from the area happened found this jewel in the shape of violet-blue crystals while strolling around the burnt area. As word of the jewel's alluring beauty spread, many residents thought they had discovered a national treasure.

Eventually, one of the tribesmen informed Manuel D'souza, a local fortune hunter, who promptly filed four separate mining claims in his name. It turned out to be a new variety of the mineral zoisite, instead of the fresh sapphire deposit that he had first hoped the crystals indicated.

Ultimately, the diamond was given the name "tanzanite" to honor Tanzania, East Africa, which is its only known point of origin.

Myths and Meaning Regarding Tanzanite

The tanzanite gemstone is said to have the power to change negative vibrations into good ones as a result of the lightning strike that led to its discovery. This idea is thought to be particularly accurate in relation to feelings. In relation to that, the gem is also said to have the ability to elevate consciousness and enhance mental wellness.

Having said that, kindly be advised that there is presently no scientific proof demonstrating the gemstone's ability to do the above mentioned tasks.

In terms of symbolism, this jewel is frequently connected to luck, wealth, and fresh starts. This has, of course, made it a wonderful gift to offer someone at any time in their life.

At the moment, the price of a high-quality tanzanite can range from $200 to $350 per carat. However, keep in mind that a number of factors, like the gemstone's color, clarity, and cut, affect its price. Let’s discuss some points that contribute in the price of the tanzanite stone.

Rarity:

Were you aware? Tanzania is the only location on Earth where one can find the magnificent tanzanite. Because it is sourced form Tanzania this gemstone is names as tanzanite. It is almost hard to find tanzanite anyplace else on Earth due to the exceptional circumstances that led to its formation millions of years ago, according to a number of geologists who have come forward with this statement. And this effects the market price of the tanzanite stone.

Since tanzanite hasn't been found anywhere else on Earth as of yet, this prediction is accurate. As a result, it is uncommon in the purest sense.

Hue & Pleochroism:

Tanzanite's vivid color, which can range from deep blue and bluish-violet to brilliant violet with hints of purple and even milder hues of violet, is unquestionably the most captivating feature of the stone. “Blue and purple in nature Due to its thermal treatment, tanzanite is the most valuable gem.

Violet blue is the most sought-after color after that. Paler shades of purple and blue are more prevalent and less valued.” In addition to being pleochroic, this unique gem can exhibit several hues depending on the angle at which it is seen. It's amazing, isn't it?

Scarce Availability:

The tanzanite has only been known to exist for roughly fifty years. This incredible jewel has gained a great deal of respect from people worldwide in a short amount of time, and for good cause.

But it's crucial to realize that there are only a certain number of this gem accessible, and demand has caused it to run out quickly.

In fact, according to a number of specialists, the tanzanite will run out of mining altogether in the next 25 to 30 years. Because of this, it has earned the moniker "the gem of a generation," since it is likely to vanish from the jewelry market in the future.

Birthstone Status:

In addition to the above, tanzanite is well-known for being the birthstone for December. This designation has raised the gem's demand tenfold while also giving it an emotional component. As a result, the stone is regarded as a fantastic investment that is most likely valuable.

Did You Know About The World’s Most Expensive Tanzanite

You will find this interesting that the world’s most expensive pieces of Tanzanite don’t even have their own unique name. A small scale miner named Saniniu Laizer found the stones which has weighed around 9.27 kilograms (20.4 pound) and 5.103 kilograms (11.3 pounds) respectively. There were traded for a total $3.5 millions (7.7 billion tanzanian shillings).

Conclusion

Titles such as "the most important gem discovery in 2000 years" and "the most beautiful blue gem" have been bestowed upon tanzanite. Thus, it should come as no surprise that this radiant bluish-violet diamond is in great demand.

Still, tanzanite is still classified as semi-precious by conventional standards. But this gorgeous gem is becoming more and more well-known, so keep an eye out for it.

FAQs Regarding Tanzanite

1. Is Tanzanite stone is as precious as diamond?

   That depends! Tanzanite is classified as a semi-precious stone according to labeling. Nevertheless, the stone is incredibly expensive on its own and occasionally even surpasses the demand and appeal of the diamond.

2. Where Does Tanzanite Stone Come From?

   Presently, a deposit in Tanzania's Mererani hills provides all of the world's supply of tanzanite.

3. How Costly is Tanzanite?

   At the moment, the price of a high-quality tanzanite can range from $200 to $350 per carat. However, keep in mind that a number of factors, like the gemstone's color, clarity, and cut, affect its price. Furthermore, depending on the level of extravagance in the design, the kind of metal used, and other factors, the total cost of the piece can change when it is attached to an accessory.

4. Will The Tanzanite Value Ever Increase?

   Of course! The price of this diamond is anticipated to rise dramatically over the coming years due to the high demand and limited supply of the gemstone.