Whereas tanzanite is actually rarer than diamond its price is much lower.
Tanzanite or diamond more expensive.
Diamonds also have more sparkle and clarity than tanzanite stones.
The more saturated a color is in a tanzanite the more valuable.
This is not only because humans generally gravitate towards the more vivid colors but also because they occur much more rarely in nature.
By cut clarity color carats and overall stone quality even though tanzanite is more rare diamonds cost considerably more per carat.
The foundation prepares educational materials for retailers and consumers assists.
In fact in the very finest 1 grades very few carats are mined a year.
At the time of publication a 1 carat tanzanite ring costs roughly 1 000 but a diamond costs 2 475 or greater per carat.
The video below shows what these very fine stones look like.
Diamonds are also more attractive in sparkling because of vast color ranges.
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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.
A diamond is about 60 times harder than any other mineral on earth including tanzanite.
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.
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.
If you consider that a fine diamond in a 5 carat size can range from upwards of 95 000 per carat whilst a very fine 5 carat tanzanite will be in the 780 to 1 300 range depending on where you are buying it gives you a good.
The grading reports show that diamond possesses more sparkle than tanzanite.
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.
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 diamond named the oppenheimer blue in honor of its previous owner sold for a final price of 57 5 million.
Is tanzanite more expensive than diamonds.
If you re sticking to a budget you should know that diamonds are still more expensive than tanzanite.
One reason why diamonds still cost a lot more per carat is durability.
Currently though even top quality tanzanite in sizes of 3 carats or more is only around 750 per carat whereas a one carat diamond will fetch thousands of dollars and larger high quality diamonds can be tens of thousands of dollars per carat.
The level of clarity in diamonds is always greater than tanzanite.