Tanzanite Or Diamond More Expensive

Diamonds are certainly hard to come by and are marketed as such.

Tanzanite or diamond more expensive.

However few people know what those gems are. Diamond sells at about 1 4 million per carat in the market. A leibish tanzanite cushion marquise diamond ring 3 37ct tw as much as diamonds truly are a spectacular specimen they are a perfect example of how supply and demand works as well as marketing in general. The oppenheimer blue diamond is the largest vivid blue diamond to appear at an auction and was sold 57 5 million for weighing 14 62 carats which makes it worth 3 93 million per carat.

Millions of years ago massive tectonic plate activity and intense heat formed mount kilimanjaro. Buy fine larger tanzanite cheap with some below 500 per carat the lowest i have seen in my 45 years in the business. While the pink star diamond broke its record for most expensive jewel ever sold the blue diamond holds the record for the most valuable price per carat at 3 93 million. Just like the above mentioned alexandrite tanzanite has incredible changes in color depending on the lighting.

More recently in 2003 tanzaniteone mining ltd the leading miner of tanzanite and a company that cuts manufactures wholesales and retails tanzanite gems and jewelry established the tanzanite foundation a non profit organization that promotes tanzanite. A fabulous fluke of nature. The diamond on the other hand is a lot costlier than all gemstones being used across the world. At the time of publication a 1 carat tanzanite ring costs roughly 1 000 but a diamond costs 2 475 or greater per carat.

A shocking 1000 times more rare than a diamond tanzanite is only found in small quantities at the bottom of mount kilimanjaro. Tanzanite is low priced gemstone as compared to diamond. It usually sells at 600 1000 per carat price range. At the same immense heat pressure and a rare chemical called vanadium mixed together deep in the earths core.

Even though tanzanite is more rare diamonds cost considerably more per carat. The diamond named the oppenheimer blue in honor of its previous owner sold for a final price of 57 5 million. If you re looking for something unique for your next jewelry purchase check out these ten stunning gemstones that you wouldn t have guessed are rarer than diamonds. Tanzanite s single source and limited supply mean that it is at least one thousand times rarer than diamond.

Meanwhile the recent world record breaker the pink star diamond was sold at a whopping 71 2 million for 59 6 carats or 1 2 million per carat becoming.