Tanzanite and diamond also belong to two different classes of stones with respect to the sparkle.
Tanzanite versus diamond.
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.
Also read sapphire vs diamond tanzanite.
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.
The grading reports show that diamond possesses more sparkle than tanzanite.
Due to this fact tanzanite jewelry will be a precious possession that may not be available after a few decades.
Like diamonds tanzanite stones are also rated for their clarity color carat and cut.
Currently in 2020 carat weight has less value affect on tanzanite than on other gems like ruby sapphire emerald or diamond.
The popular gemstone is indeed more expensive but there is a clear reason for that.
At the time of publication a 1 carat tanzanite ring costs roughly 1 000 but a diamond costs 2 475 or greater per carat.
Even though tanzanite is more rare diamonds cost considerably more per carat.
Diamonds are on top of the gemstone hierarchy whereas tanzanite is somewhere down below.
It s not just that it is so much less durable than a diamond and that it does not offer the brilliance sparkle or clarity of a diamond.
Both tanzanite stones and diamonds are graded similarly.
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.
When looking at these differences between diamond and tanzanite diamond is apparently the clear winner when it comes to value.
Diamonds are also more attractive in sparkling because of vast color ranges.
The price history of tanzanite has seen many sharp rises and falls.
If tanzanite one group gets more control of the market they have plans to change the pricing structure more like that of diamonds which are more affected by size and quality.
For more in depth information about sapphires and tanzanites take a look at these handy guides.
Tanzanite is found in only one region of tanzania at the base of mt.
The natural stores of tanzanite are depleting and are estimated to run out in the next few decades.
Unlike diamonds they can be certified to be conflict free.
By cut clarity color carats and overall stone quality.