Tanzanite

Item Description

Tanzanite for a while has been the most popular colored gemstone in the United States. We were told from a representative from JTV that it is the #1 investment gemstone for collectors. The amazing rich blue and purple color of these stones combined with the fact that it is only found in one locality in the world, makes it one of the ultimate combinations of rarity and beauty. 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. With that said, mining has become quite difficult and expensive at Merelani, so less and less material is found each year, and the price has been rising. A few years ago in Tucson, it was said the high retail value of the finest, large, deep blue Tanzanite stones had 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 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 attractive blue-violet color "Oval" cut gem that is VS in clarity. Enjoy.