Tanzanite Price & Tanzanite Value (Updated Sept 2023)
Carat Weight - Tanzanite Prices Per Carat (Updated Sept 2023)
*We just returned from Tanzania October 2023 and will be reporting back on the future of Tanzanite.
Due to the worldwide pandemic a couple years ago, this caused reduced travel, prices for Tanzanite are still down about 20-30%. There is still time to take advantage of this misfortune as we all hope the virus will be under control soon (worst in Africa and still pretty worrying in Tanzania) and prices will rise to new highs. Buy fine larger Tanzanite cheap with some below $500 per carat, the lowest I have seen in my 45 years in the business.
Currently in 2023 carat weight has less value affect on tanzanite than on other gems like ruby, sapphire, emerald or diamond. China has been showing more interest in Tanzanite and with the vast market in China growing demand could have dramatic effects on the price and availability of Tanzanite. We are currently in 2023 seeing the following approximate price breaks in our inventory. Prices of Tanzanite change quickly and dramatically. These are our approximate selling prices in the first chart and our actual prices verses those of our online competition in the second chart.
Is Tanzanite Going Up in Value?
The price of high quality material has started to rise as the Tanzanian government attempts to stop smuggling out of the mining area and the country. To do this the military has built a wall completely around the mining area. They will attempt to have all trading of rough handled through a government office within the mines. Much of the rough was exported into neighboring Kenya (to avoid taxation) and exported mostly to India for cutting. With disruption of normal channels we expect the price of tanzanite to continue to rise.
Is Tanzanite Valuable?
Yes, Tanzanite continues to be on the most valuable gemstones on the market today. This due to the scarcity of Tanzanite itself. It is only found in one area of the world making it a very rare gemstone. The price per carat for Tanzanite ranges between $100 and $800 depending on the quality.
What is the Price of Tanzanite in 2023 Right Now?
The current price and value for Tanzanite changes based on the weight. There is no calculator that can do this for you. Tanzanite showing a noticeable green component will be worth significantly less. For richly colored AAA Tanzanite, 1ct is approximately worth $200-$350 per carat. 2ct sizes reach $400-$550 per carat. 3 carats and up will reach $500-$675 per carat. The changes taking place in Tanzania makes tanzanite a very good investment stone. Other factors affecting value include the depth of color, quality of color in daylight and in incandescent lighting, the clarity of the stone, the type of cut, quality of cut and polish, the demand and the current supply of Tanzanite.
What Color of Tanzanite is Most Valuable?
Natural purple and blue Tanzanite is the most valuable as most Tanzanite is heated. Next to that, the most desired color is violet blue. Lighter blues and purples are more common and considered less valuable.