Gemstones have always been considered a good investment option, and over the years, many people have invested in gold and other gemstones because their value has increased and for others, the perceived value of gemstones or minerals has also increased. One of the gemstones in tanzanite.
It is a fairly rare gemstone that sells well in the market, but is it a good investment option? Should you invest in tanzanite?
Read on to learn everything there is to know about tanzanite and its viability as an investment option. But before we get into the details, let’s start with the basics.
What Is Tanzanite?
For the first time, Tiffany & Co has used a trade name for a high-quality gemstone specimen of a mineral called zoisite, which is blue in color. While the company could have chosen to sell jewelry under its mineralogical name “blue zoisite,” they chose the name “tanzanite.”
The name piques the interest of customers and also makes marketing gemstones easier. So, why is it called tanzanite? The name comes from the fact that the gemstone was mined from the only known deposit in the world in northern Tanzania.
As such, the name largely represents the geographically limited origin of the gemstone. These mines are located near the foot of Mount Kilimanjaro in Arusha.
So, what is it?
Tanzanite, also known as the mineral zoisite, is a beautiful natural mineral that is available in a variety of colors, from yellow, brown to pink, blue, green, purple, gray, and other colors are colorless.
The name of this mineral, tanzanite, has been used as an umbrella term for many zoisite minerals/gemstones, especially those ranging from blue to blue-violet and purple.
It is worth noting that tanzanite’s color variation is not uncommon, especially since the name “ruby” is used to refer to red and slightly purplish-red specimens.
The blue color of tanzanite is said to be derived from the small amount of a substance called vanadium present in the zoisite structure. Essentially, when vanadium-bearing zoisite is heated to high temperatures of up to 600 degrees for 30 minutes, the oxidation state and color of vanadium changes. This improves the blue color of the gemstone.
What Color Tanzanite Is the Most Expensive?
The most expensive tanzanite variant is blue tanzanite; Specifically, blue tanzanite with intense to vivid blue, and tanzanite with violet-blue and violet-blue color. These colorful stones are the most valuable works.
That said, it’s worth noting that tanzanite is one of the pleochroic gemstones, meaning that the physical properties of the gemstone will look different in different crystal orientations.
So while some tanzanite specimens appear a beautiful, distinctive blue color when viewed from one direction, it may also appear purple or red if viewed from a different direction. The most valuable color of tanzanite is its vivid blue.
Does Tanzanite Appreciate in Value?
While tanzanite is beautiful but has some intrinsic value, unlike other gemstones such as diamonds and tsavorite, its value does not increase from the day you buy the gemstone.
The value of gemstones does not increase on a carat or carat grade basis. However, its value is related to its rarity. Specifically, fine color clarity and high-quality cutting grades.
Is Tanzanite (Jewelry) a Good Investment?
Should you invest in high-quality tanzanite jewelry? Generally, blue gemstones have the best properties and are more abundant or rarer, so their value is also high. But if you want to invest in tanzanite, here are some compelling reasons why you might want to invest in jewelry made from this gemstone.
It is rare – tanzanite is one of the rarest gemstones, mainly because it is only found in one part of the world. Tanzanite’s rare blue color makes it a unique piece of jewelry you may want to invest in.
It’s beautiful and popular in the Asian market – in general, investing in tanzanite might be a good idea as the demand for tanzanite is increasing in the Asian market.
However, if you wish to make a lot of money from it, you should not buy tanzanite jewelry. Yes, it’s rare, but it won’t gain as much value as diamonds for years to come.
Why Is Tanzanite a Good Investment?
Tanzanite is one of the rarest gemstones on earth, and its rarity makes it a great investment. In terms of its rarity, tanzanite is only produced in one region of the world – northern Tanzania. It has mining areas in a small area of the country, with a specific area of 6,000 square kilometers.
In addition to its rarity, another reason tanzanite is making it a good investment has to do with the booming Asian market, especially the rapid changes in the third world market. The Asian market is a big market for tanzanite, especially as the number of people interested in buying the finest quality gemstones is rapidly increasing among the upper middle class. This growth has been around for years.
When it comes to tanzanite’s popularity, it’s worth noting that tanzanite is second only to sapphire in popularity. When it comes to colored gemstones, tanzanite is the most popular gemstone in the colored gemstone market. Tanzanite is both addictive and fascinating, and the world market is in high demand for tanzanite, which is the darkest in color.
This means that no other investment yields as much return as investing in tanzanite, especially if you invest in the highest quality tanzanite jewelry.
As in many other industries, the demand and supply of tanzanite is the main reason for the increase in the value of the commodity. With tanzanite falling in love all over the world, loose tanzanite has now become one of the most popular gemstones on the market.
Tips for Investing in Tanzanite
If you are planning to invest in tanzanite, there are a few important considerations and tips to keep in mind. In general, you need to buy or invest correctly, which is why you need these tips.
1. Control the cost base
The first thing you need to do is buy the right product. Do margin security and make sure you choose the right price. To do this, you need to buy tanzanite from the right source.
This means that if you wish to sell the gemstone in a few years for a profit, you cannot pay the retail price of the gemstone. In order to buy at a low price, you must do your homework and find a tier 1 dealer who mines, cuts, and sells gemstones.
You can also buy from a secondary distributor who buys from a wholesaler. Option 3 involves building a good network of jewelers looking to sell or liquidate colored stones. If you’re looking for spinel, make sure you’re getting great value spinel or even a better deal sapphire.
2. Don’t buy inferior products
While the value of gemstones increases based on the rate of inflation, you should know that a bad deal today will never be a good deal tomorrow. So, don’t settle for it just because it feels like a bad deal today. It is also important to remember that the value of a gemstone can rise sharply and then drop again.
3. Look for buyers who can sell gemstones at retail prices
This is important because these retailers usually pay the wholesale price of the gemstone in full. The best buyers include auction houses, jewelry stores, and online auctions. Since you won’t be able to get great retail prices if you’re a small business owner, you may want to start connecting with different potential buyers. That said, you may want to improve your sales skills to invest in gemstones; Just make sure you don’t break the rules.
4. Consider markups before buying gemstones
For high markups, you need to buy gemstones with a lower price. Keep in mind, however, that gemstone markups go down for most popular and expensive gemstones.
5. Add value
To increase the value and profit potential of your gemstone, consider recutting and then restoring it to increase its profitability. You also need to polish, market, and set your gemstone to make it more appealing to your target market.
Conclusion
If you are considering buying a tanzanite gemstone, this article will share everything you need to know about this gemstone. Due to its rarity and the value of the gemstone increases over time, investing in a vibrant blue rare tanzanite gemstone might be a good idea for you.
