Earrings, Tanzanite in Sterling Silver

N/A
Gems, 4 mm (approx. stone diameter), 0.50 ct (total weight of stones)
Start Time: 01/12/2023 7:30:00 pm (CST)
End Time: 01/19/2023 7:05:00 pm (CST)
Auction Closed
Winning Bid: $275

Item Description

Tanzanite truly is one the most popular colored gemstones out there. The amazing rich blue and purple color combined with the fact that it is only found in one locality makes it one of the ultimate combinations of rarity and beauty in the gem world. The Tanzanite mines at Merelani were first discovered in 1968 and the mining is done on a large commercial scale where almost every good piece of Tanzanite can be recovered quickly, faceted at or near the mine site, and shipped throughout the world in finished condition. This kind of control has allowed those who own the mine and the mining operation to keep a tight strangle hold on the global price of Tanzanite. Now it has been reported that the mining around Merelani has reached a point where they have to go deeper underground at a cost point that may not be viable for future recovery of gems/crystals, so the days of Tanzanite could be dwindling. In Tucson, it was said the high retail value of the finest, large, deep blue Tanzanite stones has now reached $2000 per carat, and is expected to rise every year herein. It is believed that the supply of Tanzanite at Merelani will last no longer than a few more years, at which point the mining will cease, and no more Tanzanite may ever be mined again. Once the supply is cut off, you can expect that the price of Tanzanite will sky-rocket. These earrings features fine quality, virtually eye clean, "Round" cut Tanzanite stones with a beautiful purplish-blue color set in Sterling Silver. A great affordable gift idea!

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Bidding History

Bid Amount Bid Time
$275 01/19/2023 6:55:08 pm (CST)
$265 01/19/2023 6:54:34 pm (CST)
$255 01/19/2023 6:54:34 pm (CST)
$210 01/17/2023 9:41:28 am (CST)
$200 * 01/17/2023 9:41:02 am (CST)
$200 * 01/17/2023 9:41:02 am (CST)
$163 01/13/2023 12:37:15 pm (CST)
$153 01/13/2023 12:37:15 pm (CST)
$70 01/13/2023 4:01:58 am (CST)
$60 01/13/2023 4:01:58 am (CST)
$50 01/13/2023 1:23:13 am (CST)
* Proxy Bid Battle: In the event of two customers inputting matching proxy bids, the leading bid goes to the earliest of the two proxy bids. Tie winners are shown in bold.