It’s a simple case of supply and demand.
Tanzanite is only found in one place, at the base of Mt Kilimanjaro in Tanzania which makes it about 1000 times rarer than diamonds!
First brought to the market by Tiffany & Co in the late 1960s, it is forecast that there will be no more to mine in 2 decades.
Tiffanys described Tanzanite as: “The most beautiful blue stone to be discovered in 2000 years.”
At MJM GEMS we fully believe this to be true.
Top quality stones, especially those in larger sizes are very rare.
The current price per carat for investment grade stones has increased by more than 600% since 2002.
As the stone becomes harder to source and is eventually mined out, you can only believe that the value will continue to significantly appreciate.
Now growing demand from China and the US is increasing the price trajectory of this wonderful gem.
Get in touch with us to get more information on tanzanite.