Tanzanite Stone Price Vs Diamond

Carat weight tanzanite prices per carat updated sept 2020 pandemic price reduction.

Tanzanite stone price vs diamond.

With a hardness of 6 to 6 5 on mohs scale tanzanite is rather soft for a gemstone which limits its use in jewelry as it is prone to wear and scratching. As this stone becomes more scarce tanzanite s status as an affordable alternative to sapphire may change. Meanwhile the recent world record breaker the pink star diamond was sold at a whopping 71 2 million for 59 6 carats or 1 2 million per carat becoming. Tanzanite a variety of the mineral zoisite is a blue to blue violet gemstone frequently used in jewelry that was popularized by tiffany co after its discovery in the late 60s.

This is why the stone is called a geological phenomenon as the chances of another tanzanite mine being found are roughly 1 million to 1. The foundation is also a participant in the tucson tanzanite protocol an organization that works to ensure that tanzanite has an ethical route to market similar to how the kimberly process works to prevent conflict diamonds from entering the diamond market. Take advantage of this misfortune as we all hope the virus will be under control soon and prices will rise to new highs. The price history of tanzanite has seen many sharp rises.

By cut clarity color carats and overall stone quality even though tanzanite is more rare diamonds cost considerably more per carat. Tanzanite on the other hand is a new gemstone. Whether you re looking for sapphire or tanzanite the live online auction king offers a wide selection of bracelets necklaces pendants rings and. The oppenheimer blue diamond is the largest vivid blue diamond to appear at an auction and was sold 57 5 million for weighing 14 62 carats which makes it worth 3 93 million per carat.

Both diamond and tanzanite also differ a lot in strengths and uses. In terms of durability tanzanite ranks 6 5 on the mohs scale of hardness as opposed to diamonds which rank 10. At the time of publication a 1 carat tanzanite ring costs roughly 1 000 but a diamond costs 2 475 or greater per carat. Tanzanite pear side stone ring 2 74ct tw why diamonds.

In the meantime its relatively low cost offers an opportunity to savvy collectors. Due to the worldwide pandemic causing reduced travel prices for tanzanite are down 20 30. Gem stone king 925 sterling silver blue tanzanite women s 3 hearts interlock pendant necklace 0 90 ct round with 18 inch silver chain 4 0 out of 5 stars 19 59 99 59. Both tanzanite stones and diamonds are graded similarly.

Diamonds should be sought after first and foremost for their durability. Those that are found with such a color naturally demand extremely high prices. Buy fine larger tan. Tanzanite is the cheapest stone in the list of beautiful gemstones.

Strength is another major factor when looking at tanzanite vs diamond.