By cut clarity color carats and overall stone quality even though tanzanite is more rare diamonds cost considerably more per carat.
Tanzanite or diamond more expensive.
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.
Diamonds also have more sparkle and clarity than tanzanite stones.
The diamond named the oppenheimer blue in honor of its previous owner sold for a final price of 57 5 million.
The video below shows what these very fine stones look like.
Whereas tanzanite is actually rarer than diamond its price is much lower.
A diamond is about 60 times harder than any other mineral on earth including tanzanite.
Diamonds are certainly hard to come by and are marketed as such.
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.
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.
Diamonds are also more attractive in sparkling because of vast color ranges.
One reason why diamonds still cost a lot more per carat is durability.
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.
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.
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.
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.
Tanzanite and diamond also belong to two different classes of stones with respect to the sparkle.
Is tanzanite more expensive than diamonds.
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.
Of course the.
Both tanzanite stones and diamonds are graded similarly.
The grading reports show that diamond possesses more sparkle than tanzanite.
The foundation prepares educational materials for retailers and consumers assists.