Tanzanite has been admired and sought after for quite some time now. In this article, we cover the history behind this rare blue gemstone.
ITanzanite has grown popular in recent times as a possible source of investment. The blue gemstone has a certain quality that makes it seem like the perfect investment tool; it’s rarity.
It’s a well-known fact that the Tanzanite mines are going to be depleted at some point. When that will be? There are no accurate answers. This train of thought together with Tanzanite’s beauty has lead to its price rising and it’s appeal as an investment tool increasing. With that in mind, is tanzanite a good investment?
After all that is said and done, let’s have a quick look at some of the facts regarding the rare blue gemstone (for those that might not know much about it).
For starters, the gemstone was only discovered in recent times i.e. in 1967. We have covered more about the history of Tanzanite here. Its popularity is even more admirable when compared to other gemstones that were discovered thousands of years ago.
The rare blue gemstone can be found in only one area in the entire world, Merelani Hills near Mount Kilimanjaro. The science states that it was the only area where the right chemical environment could be found for the formation of the gemstone.
Tanzanite also has a lot of beautiful characteristics such as it exhibiting pleochroism i.e. it can appear in different colors when viewed in light.
Investing should not be taken lightly, we advise you to have a chat with your financial advisor before making any large financial decisions. With that said, here are some of the reasons why you should invest in Tanzanite:
Tanzanite can be found in only one area in the world (and in the country). There also aren’t any signs yet of Tanzanite deposits being located anywhere else in Tanzania let alone the rest of the world.
On top of that, the mines are expected to be depleted at some point in the future. In fact, we might be the last generation that might own Tanzanite first hand. It’s this rarity that makes Tanzanite a good investment as demand is growing, but the supply is limited. Expect the value of this rare blue gemstone to increase in the coming years.
The Asian market has changed the way different industries operate, as they have flooded the market with “opportunities”. China and India combined are about 2.5 billion people. These two countries have seen a growth in their upper and middle-class income groups.
As these markets interest in rare gemstone grows, they will play a great role in increasing the value of Tanzanite as they will greatly increase the demand for this stone with its still limited supply.
There are different ways that you can invest in this rare blue gemstone. You can do this by buying Tanzanite jewelry or buying a raw Tanzanite stone. One great quality of Tanzanite is that it’s easier to transport compared to other Gemstones.
We can offer you great duty-free Tanzanite jewelry and stones of all cuts and kinds. You can also visit our Tanzanite Museum first to learn about this rare blue gemstone before purchasing one. We also make custom made jewelry if that’s your preference. As reputable dealers we work to provide only the best to all our clientele.