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Tanzanite Engagement RingTanzanite Engagement Ring

Tanzanite Price & Value Guide

Explore what determines tanzanite’s value, how much it's worth today, and why this gemstone is so sought-after.

Expertise you can trust: All of our guides are meticulously researched and reviewed by our certified gemologists, content, editorial, and brand teams before publication to ensure industry-leading excellence and accuracy.

Tanzanite Value

Tanzanite is a striking blue-violet gemstone found only in one place on Earth: the Merelani Hills of northern Tanzania. Discovered in 1967, tanzanite’s striking color, strong pleochroism (the quality of a gemstone that displays different colors when viewed from different angles), and limited geographic source contributes to its rarity — and ultimately, its value.  

Tanzanite is the second most valuable blue gemstone just behind sapphire — and with deposits expected to run out in the next twenty years, this precious stone is expected to become even more valuable in the coming years. It is often marketed as a “one-generation” gem, meaning future availability is uncertain once current deposits are depleted. 

Like diamonds, tanzanite got a marketing boost from jewelers. Thanks to Tiffany & Co., the stone formerly known as “blue zoisite” was rebranded as “tanzanite” to honor its origins in Tanzania. Tiffany had exclusive rights to the gemstone through the 1970s. And because of its limited availability outside of Tanzania, the gem has retained its high value.

Tanzanite Solitaire Pendant

Tanzanite Price

Tanzanite’s price varies widely depending on several key quality factors. Stones with deeper color saturation, higher clarity, and precise cuts tend to be more valuable and therefore expensive. Tanzanite is also highly sensitive to size — larger stones are significantly rarer and command higher value per carat. 

Because market conditions and supply can change, it’s always best to evaluate a tanzanite’s value based on its quality characteristics and current demand rather than a fixed price per carat.

Tanzanite Engagement Ring

Tanzanite Price Factors

Key factors impacting the value of tanzanite include: 

  • Color: The most important value driver for this gem. Deep blue-violet stones are the most prized. 
  • Clarity: Eye-clean stones are considered high quality. Inclusions can detract from the value. 
  • Carat weight: Larger gems are exponentially rarer and more valuable. 
  • Cut: A well-executed cut enhances brilliance and color intensity. 
  • Treatment: Most tanzanite is heat-treated to enhance color. Untreated stones are extremely rare and more valuable. 
  • Certification: Gems accompanied by documentation from gemological labs may carry greater trust and market value. 

When shopping for tanzanite, it’s important to focus on value indicators beyond just price, including: 

  • Prioritizing color first, then clarity and carat weight. 
  • Looking for eye-clean stones with balanced blue-violet tones. 
  • Considering if you are open to overly purple stones or pale colors at deeply discounted prices — these are often lower grade or overly treated, but it does come down to personal color preference. 
  • Buying from trusted retailers who disclose treatment status and quality grading clearly.
Tanzanite Fashion Ring

Tanzanite Price Trends

Rather than relying on fixed pricing, tanzanite is typically grouped into quality tiers that help guide value expectations: 

  • Top-grade tanzanite features a deep, velvety blue with violet flashes and excellent clarity. 
  • Mid-grade tanzanite displays lighter blue or violet tones, often with slightly lower saturation or clarity. 
  • Commercial-grade stones may appear pale and tend to be more affordable but less desirable for collectors. 

Larger gems, particularly those above two carats, are considerably rarer and tend to be valued much higher — even within the same quality tier.

Tanzanite Cocktail Ring

Tanzanite Price & Value FAQ

How much is tanzanite worth?

Tanzanite's rarity, coupled with strong consumer demand, gives it a unique position in the colored gemstone market. Often referred to as a “one-generation” gemstone, tanzanite’s value is tied to its finite supply and growing popularity in fine jewelry.

Is tanzanite expensive?

Yes, tanzanite is considered expensive compared to other semi-precious gems, such as amethyst and peridot — especially for fine-quality stones. This is due to its rarity, rich color, and limited supply.

Why is tanzanite so expensive?

Several factors contribute to tanzanite’s relatively high cost compared to other colored gemstones: 

  • Single-source origin: Tanzanite is only found in one place in the world — near Mount Kilimanjaro in Tanzania — making it far rarer than many other gems. 
  • Demand in global markets: Its popularity in jewelry and as a collector’s gem continues to grow. 
  • Finite supply: Geologists estimate that current tanzanite deposits may be exhausted within one generation, which supports long-term value growth. 

Together, these factors explain why tanzanite is considered expensive, particularly in higher grades.

Is tanzanite more expensive than diamonds?

Compared to diamonds, tanzanite is less costly per carat, making it a popular alternative for engagement rings and fine jewelry. Because tanzanite is mined in only one location and has no known substitutes, its rarity gives it long-term value potential that can compete with more traditionally recognized gemstones.

What color tanzanite is most valuable?

The most valuable tanzanite exhibits a rich royal blue color with hints of violet. This signature hue is most visible under incandescent lighting, while cooler lighting may emphasize its blue tones. 

The gem’s color is graded based on saturation, tone, and balance between blue and violet. Darker, more vivid gems are consistently more valuable, while paler or overly purple stones are generally less sought-after. 

Color intensity also becomes more noticeable in larger gemstones, making size and hue tightly linked in value assessments.

Is tanzanite more expensive than sapphire?

Compared to sapphires, fine tanzanite can be similarly priced, particularly when it displays exceptional color and clarity. Because tanzanite is mined in only one location and has no known substitutes, its rarity gives it long-term value potential that can compete with more traditionally recognized gemstones.

Is tanzanite a good investment?

Yes, many gemstone and fine jewelry enthusiasts consider tanzanite a compelling addition to a jewelry or gemstone investment portfolio. Its limited supply and increasing scarcity suggest that tanzanite may appreciate in value over time, especially for high-quality gemstones that are well-maintained and supported by certification.