CLOSED FOR VACATION - ORDERS WILL BE PROCESSED SEPTEMBER 24TH, 2024

0

Your Cart is Empty

Latest news

 

Tanzanite Investment

This is the only gem I have ever promoted as an investment and I will elaborate on why I feel this way.

First-It is only found in one area in the entire world.  The mining area is small around six square kilometers, and one day this area will stop producing as most mines do. 

Second-Tanzanite One a publicly traded mining operation is attempting to control all mining in the area.  They own one block of the four mining blocks and actively buy from the local miners who control two of the other blocks.  Tanzanite one has implemented a pricing structure for tanzanite similar to that used by  De beers who has similar control of diamond.  I believe Tanzanite One would be in control of the market if the economy had not fallen so suddenly in 2008.  If they get control the price of  larger and finer tanzanite in all sizes will rise significantly from current pricing.  htm

Third-The World market is changing quickly and soon the Asian market, 2.5 billion people in China and India alone, with their rapidly increasing upper and middle class will compete for fine gems.  They are part of the reason for recent increases in diamond prices which have increased from 20% to 30% since the end of 2010.  China in 2011 began to show interest in Tanzanite and pushed prices up 15%.   If the Chinese people take a greater interest in tanzanite they can deplete supply and increase the value of tanzanite overnight.

The popularity of tanzanite is second only to sapphire and it is actually number one in my colored gem market.  It is the only gem that I have ever seen where women desire and own five, six or more rings.  The color is mesmerizing and addicting.  The deepest colors are the most demanded and generally very difficult to find, but today top colors are available because the economy is slow particularly in the Caribbean where a high percentage of tanzanite is sold.

My next trip to Tanzania is in May 2012 and reports from the source are that the Hong Kong show in September and the Tucson Show in February 2012 were slow so prices may soften slightly before I arrive.

If you have an interest in Investing In Tanzanite call me at 219-662-1390.