Tanzanite, with its mesmerising blue-violet hue, is a gemstone like no other. Discovered only half a century ago in the foothills of Mount Kilimanjaro, this rare gem has quickly captured the hearts of jewellery enthusiasts and collectors worldwide. Its unique color and limited availability make tanzanite an incredibly sought-after addition to any jewellery collection.
However, as the only known source of tanzanite is predicted to be depleted within our lifetime, concerns about its future availability are growing. In this post, we will explore the origins of tanzanite, the factors influencing its value, and whether now is the opportune moment to invest in this extraordinary gemstone before it’s too late.
What is Tanzanite and Where is it Found?
Tanzanite is a strikingly beautiful gemstone renowned for its vibrant blue-violet color – often compared to the deep blue of sapphires with a hint of violet, makes tanzanite one of the most unique and desirable gemstones in the world. The gem is a variety of the mineral zoisite and owes its distinctive color to trace amounts of vanadium.
What makes tanzanite truly exceptional is its exclusivity. Tanzanite is found in only one place on Earth: the Mererani Hills at the foothills of Mount Kilimanjaro in northern Tanzania. This limited geographical source has contributed to its rarity and desirability.
The Discovery of Tanzanite Mines
The story of tanzanite’s discovery is as fascinating as the gem itself. It was first unearthed in 1967 by a Maasai tribesman and subsequently introduced to the international market by Tiffany & Co., who christened it “tanzanite” after its country of origin. Since then, tanzanite has rapidly gained popularity and become a favorite among gemstone enthusiasts and jewellers alike.
With its deep cultural roots in Tanzania and its limited availability, tanzanite stands out as a gem of remarkable beauty and significant value. As we delve deeper, we’ll explore the differences between natural and heat-treated tanzanite and discuss the implications of the finite supply of this extraordinary gemstone.
Natural vs. Heat Treated Tanzanite: Understanding the Difference
Tanzanite’s enchanting blue-violet color can occur naturally or be enhanced through heat treatment. Natural tanzanite, which displays its stunning hue without any human intervention, is rarer and often more valuable. In contrast, most tanzanite on the market has undergone heat treatment, a common and accepted practice that enhances its color by eliminating brownish tones.
Both natural and heat-treated tanzanite possess the same physical properties and beauty, but the rarity of natural stones can make them more desirable to collectors and investors. When purchasing tanzanite, it’s crucial to seek certification and buy from reputable jewellers (like Warburtons of Leigh) to ensure the quality and authenticity of your gemstone.
Concerns Around Dwindling Supply: What the Future Holds
The finite nature of tanzanite mines is a growing concern among gem enthusiasts and investors. Tanzanite is found only in the Mererani Hills of northern Tanzania, a narrow strip of land measuring just four kilometers wide and two kilometers long. Experts predict that the tanzanite mines could be depleted within the next few decades, possibly even within our lifetime.
This impending scarcity has significant implications for the market. As the supply diminishes, the value of existing tanzanite gemstones is likely to increase, making them more sought-after. The Tanzanian government has implemented regulations to manage the mining and export of tanzanite, aiming to preserve this national treasure and prevent illegal trading. Despite these efforts, the reality of a limited supply remains a pressing issue.
Is it a Good Idea to Invest in Tanzanite Now?
Given the concerns around the dwindling supply of tanzanite, now may be an opportune time to invest in this rare gemstone. The combination of its unique beauty, limited geographical source, and predicted depletion makes tanzanite an attractive investment option for collectors and jewellery enthusiasts.
When considering an investment in tanzanite, focus on high-quality stones. Look for pieces with vivid, deep blue-violet color and excellent clarity. Larger stones and those that are naturally colored (untreated) tend to retain and increase in value more effectively. It’s also essential to ensure that the gemstones are certified and sourced from reputable jewellers to guarantee authenticity and quality.
In addition to loose stones, investing in well-crafted tanzanite jewellery can also be a wise choice. Unique designs and high craftsmanship add to the piece’s overall value and desirability. Rings, necklaces, and earrings featuring high-quality tanzanite can become cherished heirlooms and valuable assets.
Ultimately, the rarity and impending scarcity of tanzanite make it a compelling option for those looking to invest in precious gemstones. By selecting high-quality, certified stones and expertly crafted jewellery, you can enjoy both the beauty and potential financial benefits of tanzanite.
