Tanzanite

D-Block Mine, Merelani Hills, Manyara Region, Tanzania
Gems, 6.21 mm x 4.11 mm, 0.58 ct
Start Time: 04/20/2023 7:30:00 pm (CDT)
End Time: 04/27/2023 7:00:00 pm (CDT)
Auction Closed
Winning Bid: $40

Item Description

Tanzanite is the gem blue variety of the mineral Zoisite, only found in the Merelani Hills of Tanzania. The fist material was discovered in 1968, and today the production goes deep into the earth 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. The beautiful color and limited quantity of the material is what keeps it so in-demand. In fact, I was told in Tucson last year that Tanzanite is still the #1 colored gemstone in the United States in terms of overall sales. People just love these amazing and colorful gems, and Tanzanite remains as the top investment stone for collectors and dealers alike. They are truly one of the ultimate combinations of rarity and beauty in gem world. It is believed that the supply of Tanzanite at Merelani will last no longer than 10 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. This particular stone is an "Oval Cabochon" cut gem with good blue-purple color slight inclusions. A wonderful representative gem for a collector or a modest piece of jewelry.

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Bidding History

Bid Amount Bid Time
$40 04/27/2023 5:56:57 pm (CDT)
$35 * 04/27/2023 5:56:44 pm (CDT)
$35 * 04/27/2023 5:56:44 pm (CDT)
$30 04/27/2023 5:31:35 pm (CDT)
$25 04/27/2023 5:17:36 pm (CDT)
$20 04/26/2023 10:33:24 pm (CDT)
$15 04/26/2023 12:48:50 pm (CDT)
$10 04/21/2023 6:50:02 pm (CDT)
* 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.