Tanzanite is a rare and highly sought-after gemstone that was first discovered in Tanzania in 1967. Its stunning blue-violet colour, combined with its rarity, has made it a favourite among jewellery enthusiasts and collectors alike.
The unique colour of tanzanite is caused by the presence of vanadium in the crystal structure. It is found only in the Mererani Hills of Tanzania and is typically mined from small, narrow veins that can be as little as a few centimeters wide. This makes mining for tanzanite a challenging and labor-intensive process.
Despite its rarity and beauty, tanzanite is relatively new to the gemstone market. It was not introduced to the world until the late 1960s, and it wasn't until the 1970s that it began to gain popularity. Today, it is considered one of the most valuable gemstones in the world and is often compared to sapphire and ruby.
The unique blue-violet colour of tanzanite makes it a great choice for a variety of jewellery styles, from classic and elegant to modern and trendy. It is often used in engagement rings, pendants, earrings, and bracelets. It is also a popular choice for use in custom-designed jewellery, as its colour can be enhanced with heat treatment. Tanzanite is also a popular choice for investment. It is a relatively new gemstone, and its market is still growing, which makes it a good option for those looking to invest in precious stones.
However, tanzanite is a very delicate stone and should be handled with care. It should be stored in a safe place, away from heat and light, to prevent discoloration. It should also be cleaned with a soft cloth and mild soap and water.
When tanzanite was first discovered in 1967, it was relatively unknown and inexpensive. But as demand for the stone grew, so did its price. In the 1970s, it was compared to the value of sapphire and ruby, and it quickly became one of the most valuable gemstones in the world. However, the price of tanzanite is not always stable. It fluctuates depending on the supply and demand in the market. Sometimes, a large supply of the stone is discovered, driving the price down, while other times, a shortage of tanzanite can cause the price to skyrocket.
The price of tanzanite is also affected by the quality of the stone. The more vibrant and intense the colour, the more valuable it is. A stone with a deep, rich blue-violet colour can fetch a much higher price than one with a pale or washed-out colour.