Tanzanite is a popular gemstone that is often used to make jewelry. The cost and market value of tanzanite depend on its color, clarity, carat weight, and cut. If you are planning to buy tanzanite jewelry, then you need to know about the factors that affect the price of gemstones.
Factors Affecting Tanzanite Jewelry Price
Various factors determine the price of a tanzanite stone or tanzanite jewelry piece, such as quality of stone (color & clarity), cutting style, demand & supply level, etc. Let’s have a look at these factors one by one:
Quality of Stone (Color & Clarity)
The cost & market value of a tanzanite stone or piece of jewelry like tanzanite pendants or tanzanite stud earrings is based on the 4Cs – color, clarity, cutting & carat weight. Tanzanite stones that have an excellent shade of violet-blue color with very little to no presence of impurities will fetch a higher price than those which are pale in color. Stones having more clarity will be more expensive than those containing visible flaws.
Cutting Style
The cost and market value of a tanzanite stone/piece of jewelry also depend upon the cut style, such as oval cut, cushion cut, emerald cut, brilliant cut, etc., each one having its own unique and beautiful design. An average round brilliant style with an excellent quality stone can be priced between $1,200-$5,000. But a square emerald cut with the same quality would cost more than double as it is more difficult to cut and shape.
Demand and Supply Level
The tanzanite gemstone pieces are rare in nature, but you can get them at lower prices when there is heavy demand for them. The price of tanzanite stone or jewelry pieces depends on the general demand for such stones throughout the market. Therefore, if you want to buy your desired tanzanite jewelry at an affordable rate,, you should know about seasonal trends or occasions that create a huge demand for the particular stone. In some regions like India & Hong Kong, tanzanite (zoisite) is quite popular during the wedding season, which increases its demand level in the market. So if you are planning to buy tanzanite jewelry during that time, then the stone will be available at a lesser price than its usual cost and market value. You can have a glance at the unique shungite necklace and shungite bracelet here.
Tips for Buying Tanzanite Jewelry
If you are buying tanzanite jewelry as an investment or planning to give it away as a gift, then there is no need to rush in placing your order by comparing the prices of various dealers. You can take your time and look to see whether it is a genuine gemstone or not and get some information about the color & clarity grade of the stone. If possible, check with a professional jeweler who would help you determine its quality, durability, and carat weight. Once this process is done, you can compare the rates of various dealers and save money. But if you are buying tanzanite jewelry as a gift for someone special, then purchase it in your budget so that you can enjoy the moment without worrying about the cost & market value of tanzanite.
Market Value Tanzanite Jewelry:
The market value for tanzanite in 2013 is $35 per carat (ct), and it can be valued at $0.75-$2 per gram according to its purity. Its market values during recent years have been:
· 2009 – $30-$40 / ct
· 2010 – $20-$25/ct
· 2011 – $15- 20/ct
The cost and market value of tanzanite has remained stable in most countries since 2012 due to political unrest and economic turmoil in African countries. To get more information on the cost and market value of tanzanite, check out this page.
Conclusion
Tanzanite is a popular gemstone that is very rare in nature, but due to its gorgeous color, people prefer to buy tanzanite jewelry pieces. The cost & market value of a piece of tanzanite stone or jewelry depends upon its quality, shape, weight, and color. By considering these factors and tips provided above, you can easily get your desired tanzanite at affordable prices.
