Is tanzanite expensive?

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Johathan Cronin asked a question: Is tanzanite expensive?
Asked By: Johathan Cronin
Date created: Thu, Mar 4, 2021 4:25 AM
Date updated: Wed, Jun 29, 2022 9:56 PM

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Tanzanite is one of the rarest gemstones on earth and one of the most undervalued relative to its rarity. Given its scarcity, it would be reasonable to assume that it would sell at a high premium. Yet, with the price per carat ranging between US$300 and US$600, it sells for far less than diamonds.

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