Monday, September 5, 2011

Is Tanzanite a good investment?

Before you read any more, please know that all investments involve differentdegrees of risk. You should be aware of your risk tolerance level andfinancial situations at all times. The following is my personal opinion, andyou should research all and any investment before getting involved.I have people ask me all the time whether gemstones are a good investment.This is like asking if investing in the stock market is a good investment.The answer is of course yes, no and maybe.I am going to cover only Tanzanite in this guide, I do plan on doing anextensive guide on gemstone investing in the near future.Ok, so now the question begees "Is Tanzanite a good investment?"My personal opinion is yes.In 2007 the last mine that was available for mining by anyone except for Tanzanite One closed. Couple that with a Rising demand for Tanzanite and the fact that there is still a lot of room for the prices to rise and you have a 'perfect storm'What do I mean by the fact that there is a lot of room for the prices to rise? Tanzanite is currentlythe only one of the big four (Tanzanite, Emerald,Ruby and Sapphire) where you can get a topquality 5ct ring in a retail store for around $15,000to $20,000With emerald a 5ct top quality stone is about$1,000,000.00 a 5ct Ruby sold at auction in the fallof 2006 for $2.5 million dolllars, and a sapphire ofsimilar quality is geing in at nearly the same moneyas the ruby. So when you can go out and buy top quality Tanzanitebetween $450 to $600ct wholesale depending on size.(Remember, when you are buying on okay you areusually buying wholesale, whether from myself or others) That means that doubling or tripling of the value ofTanzanite over the next several years isn't unrealistic.Gemstones in general are also the most gepact formof wealth available. If we say Top quality Tanzaniteaverages about $500ct that means that it is $2500per gram and almost $77500 per ounce. gepare that to current gold, platinum or even rhodium andit makes them look cheap. You can easily put $1,000,000 of Tanzanite in your jacket pocketsat a total weight of less than 1lb. gepare that togold where you would have to have about 1000 ounces or 62 pounds and you start to get some ideaof why having a portable gemodity is a good thing.If you have any other questions about Tanzanite don'thesitate to email me, and again please remember to doyour research before diving into any investment.

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