Tanzanite Rip Off Prices

Showing now item number 141402 - 3ct trilliant cut tanzy with pave diamonds. Timed out at £2,699. I wonder why? :33:

Could it be that you really shouldn't pay more than £300-350 per carat? Even if this was a drop dead fantastic ring (it was ok), you shouldn't pay more than £1,200 for this (perhaps less) once you've factored in the gold, diamonds etc.

C'mon Gems. Do you think the buyers are stupid?

I'm truly shocked Sue. I've just seen rings "sell" for over £2k that we would have paid £1k or much less 18 months ago. Did you see the marquise ring? I'm pretty sure that was originally on when the Debbie Cavell range was launched 18-24 months ago and it was £799 - it's just sold for £1499. I returned it as the Tanzy wasn't up to scratch. I'm pretty sure that's the same one.

Can you imagine when these poor people go and get valuations?

Thankfully, like you, I bought my tanzy years ago and don't feel the need to add to it!

Meeshoo said:

Showing now item number 141402 - 3ct trilliant cut tanzy with pave diamonds. Timed out at £2,699. I wonder why? :33:

Could it be that you really shouldn't pay more than £300-350 per carat? Even if this was a drop dead fantastic ring (it was ok), you shouldn't pay more than £1,200 for this (perhaps less) once you've factored in the gold, diamonds etc.

C'mon Gems. Do you think the buyers are stupid?

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this is the link
http://www.gemstv.co.uk/ProductDataSheet.jsp?productid=141402

god that is expensive at £2699

Well watched about 1/2 hour of the tanzanite special and I really, really couldn't believe the prices - sooo expensive and it seemed during the time I was watching that they were actually selling OMG obviously like the saying 'more money then sense' IMO I certainly wouldn't of paid these prices (couldn't afford to!) luckly bought my tanzanite ring from gems when they classed it as majestic tanzanite and was so pleased with the price and quality

PandaBear said:

Well watched about 1/2 hour of the tanzanite special and I really, really couldn't believe the prices - sooo expensive and it seemed during the time I was watching that they were actually selling OMG obviously like the saying 'more money then sense' IMO I certainly wouldn't of paid these prices (couldn't afford to!) luckly bought my tanzanite ring from gems when they classed it as majestic tanzanite and was so pleased with the price and quality

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And the quality of yours will be exactly the same as the pieces they were showing today (I know mine are). I guess we should all sit back smugly then!

I haven't made a post for a while but I did just watch the Tanzanite show and I thought the prices were relative to the quality. The colours were amazing on some of the pieces.

I must admit I'm not an expert on pricing, but the guest they had on worked for the Tanzanite Foundation and I heard her say that prices of top colours could be as high as $2000 per carat, so on that basis I think the prices wern't that bad.

I'm sure you can pay cheaper prices per carat of lesser colour tanzanite, but some of Gems stuff today was top notch. I suppose you get what you pay for. Gems do some great bargain games for £29, but it's nice to see that they are starting to offer higher priced top end gemstones.

Tanzanite is rare - they say only a generation left. If that is so prices are bound to increase over time as the supply becomes less and less, especially of top notch colours.

fran0808 said:

I haven't made a post for a while but I did just watch the Tanzanite show and I thought the prices were relative to the quality. The colours were amazing on some of the pieces.

I must admit I'm not an expert on pricing, but the guest they had on worked for the Tanzanite Foundation and I heard her say that prices of top colours could be as high as $2000 per carat, so on that basis I think the prices wern't that bad.

I'm sure you can pay cheaper prices per carat of lesser colour tanzanite, but some of Gems stuff today was top notch. I suppose you get what you pay for. Gems do some great bargain games for £29, but it's nice to see that they are starting to offer higher priced top end gemstones.

Tanzanite is rare - they say only a generation left. If that is so prices are bound to increase over time as the supply becomes less and less, especially of top notch colours.

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No offence but methinks you have been taken in by the hype Fran. As for the guest presenter....well the less said about her and her expertise the better. I noticed several occasions when Angeline had to jump in when she was floundering and practically correct her. PC:

fran0808 said:

I haven't made a post for a while but I did just watch the Tanzanite show and I thought the prices were relative to the quality. The colours were amazing on some of the pieces.

I must admit I'm not an expert on pricing, but the guest they had on worked for the Tanzanite Foundation and I heard her say that prices of top colours could be as high as $2000 per carat, so on that basis I think the prices wern't that bad.

I'm sure you can pay cheaper prices per carat of lesser colour tanzanite, but some of Gems stuff today was top notch. I suppose you get what you pay for. Gems do some great bargain games for £29, but it's nice to see that they are starting to offer higher priced top end gemstones.

Tanzanite is rare - they say only a generation left. If that is so prices are bound to increase over time as the supply becomes less and less, especially of top notch colours.

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Sorry to disagree. Tanzanite WILL sell for $2000 if you buy it at Tiffanys or somewhere else that charges extortionate prices for the same quality as you can buy elsewhere. I'm not sure how far back you can search on this forum but if you look, I think you'll see photos of many pieces that have been bought over the years with the same (and better) quality - NO different to that seen today - and we paid half the price.

As for Tanzanite being rare? Well ......... it is only mined in one place BUT will it run out? They've been saying it will for the past 10 years! 5 years ago they were saying it's only got a decade of mining left and now they're saying it's only got a decade of mining left! I thought a decade was 10 years but it appears it's 15 and rising :59:

It's all hype I'm afraid. Buy if you love it but don't pay over the top when you don't have to. Don't buy because you think it will increase in price when the mine dries up. There's too much of it on the market - it won't.

Here's the ring that sold today for £1499 and I bought (and returned because the Tanzanite wasn't up to scratch) for £799


Here's an 8ct heart cut (not from GemsTV) bought for way under £2k. Can you see a difference in quality from the stuff they were selling today? They were selling 3ct Tanzanites for more today! :6:

Mmmm maybe, but let's not forget the expert is not a TV presenter, probably first time on camera, that's gotta be tough. I know if I were suddenly thrown on air to talk about an area I specialise in I'd crumbe even though I know my topic! I think she did ok for a guest. Her knowledge seemed to me quite good and she does work for the Tanzanite Foundation, which has to mean something.

I suppose we are all going to dissagree on what is the right price, but I've got to say I did love the clour of the tanzanite, and tanzanite pricing will mark my words continue to rise over the next decade as supply runs out.

fran0808 said:

Mmmm maybe, but let's not forget the expert is not a TV presenter, probably first time on camera, that's gotta be tough. I know if I were suddenly thrown on air to talk about an area I specialise in I'd crumbe even though I know my topic! I think she did ok for a guest. Her knowledge seemed to me quite good and she does work for the Tanzanite Foundation, which has to mean something.

I suppose we are all going to dissagree on what is the right price, but I've got to say I did love the clour of the tanzanite, and tanzanite pricing will mark my words continue to rise over the next decade as supply runs out.

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Sorry but you are sooooooooooo wrong. That lady works for the Tanzanite Foundation and therefore will want to sell Tanzanite!!!! That's the equivalent of believing a salesman! In order to get a balanced view you need to do independent research. None of us on here have any axe to grind and IF Tanzanite increases in price - which it won't - then we're all quids in. Believe me, why would I argue that Tanzanite won't increase if I'm sitting on a mini Tanzanite mountain? It doesn't make sense!!!

If you think Tanzanite will increase in price then you only have to look at Paraiba. If you have any Paraiba valued now (irrespective of origin i.e. Brazil / Mozambique) the valuation will be less than 5 years ago.

The price of Emeralds - even TOP quality Emeralds, hasn't risen in the past 10 years. I'm not talking the treated rubbish, highly included with lots of "jardin" stones. I'm talking TOP quality.

Gemstones very very very rarely increase in price.

The exception? Russian Alexandrite (only if origin is guaranteed and certified by a reputable lab such as AGTA) and some other phenomenal colour change Alexandrites from other locations. These really are rare and the number of people who own great quality specimens is far far far less than the number of people who own Tanzanite.

PLEASE don't fall for the hype and believe salespeople.

Wow Meeshoo that ring is stunning never seen a tanzanite like that before :32: the heart cut is just wonderful, lucky you! I also think after watching today that the quality/colour does look the same IMO as the one I bought a few years ago and I don't think in my case 'you get what you pay for' was the case on the ring I purchased as it was valued at over 4 times what I paid for it, whilst I agree that is the case ('you get what you pay for') in most things in life Fran though, think prices have gone up dramatically but as Meeshoo said the quality was no better than a few years ago at lot lower price, maybe it is a lot to do with 'hype' but personally I bought mine as I loved the colour of the gemstone

Some interesting points raised, but you can argue against them.

Paraiba for instance has decresed in value since a new source was discovered. Emerald prices may not have fluctuated price wise in 10 years, but this gemstone is thousands of years old and 10 years isn't really any time at all and as for Russian Alexandrite, the sole reason why that has incresed in value is because the source is depleted. By that very logic, so too will tanzinite prices soar when it's source is depleted - especially on top colour.

All gems are rare, but I believe tanzanite really is rarer and this is not just GemsTV's opinion, it's backed up by countless gemologists and geologists. There is only one place in the world that you get the right mix of zoisite and vanadium to make up what we know to be tanzanite. Supply will run out, it's a fact and when it does prices will go up.

Oh and just to add, I'm not falling for the hype, I just happen to believe that tanzanite is rare and have came to this opinion from several sources. Most information sites about tanzanite will tell you that it is rare and they aren't all trying to sell it.

I have to agree with another member here - how long do we believe the 10year s..t they have been saying that for 10years already!! one channel i tuned into were saying only 10-15years left, they really think we will believe anything!!!!

fran0808 said:

Some interesting points raised, but you can argue against them.

Paraiba for instance has decresed in value since a new source was discovered. Emerald prices may not have fluctuated price wise in 10 years, but this gemstone is thousands of years old and 10 years isn't really any time at all and as for Russian Alexandrite, the sole reason why that has incresed in value is because the source is depleted. By that very logic, so too will tanzinite prices soar when it's source is depleted - especially on top colour.

All gems are rare, but I believe tanzanite really is rarer and this is not just GemsTV's opinion, it's backed up by countless gemologists and geologists. There is only one place in the world that you get the right mix of zoisite and vanadium to make up what we know to be tanzanite. Supply will run out, it's a fact and when it does prices will go up.

Oh and just to add, I'm not falling for the hype, I just happen to believe that tanzanite is rare and have came to this opinion from several sources. Most information sites about tanzanite will tell you that it is rare and they aren't all trying to sell it.

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You have fallen for the hype. Ask yourself, why would I argue the point when I own over 100cts of Tanzanite and would financially gain if you're right????? I bought Tanzanite at an affordable price and only accepted top quality. I bought Tanzanite because I love the colour of top quality pieces NOT because I thought it would be an investment. Anybody who buys a gemstone thinking it's going to be an investment is seriously deluded.

I feel incredibly sorry for those who hold the same opinion as you and have forked out thousands today believing it to be rare and that it will increase in value.

I don't think we'll ever agree on this! Never mind - it's good to have differences of opinion and a healthy debate!
:19:

I enjoy the debate too and we probably won't agree. I must go now as I have got to go out, but will end by saying that whilst I still think the prices today were fair, I can see everyone's point.

Whatever your opinions, at least we can probably all agree that some of the pieces today were exquisite. Bye all. x

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Couldn't comment before as I hadn't seen any of the 'new' shows, but I watched today and Crikey! the prices were eye-watering weren't they?

There were some gorgeous stones and one square/cushion W/G ring with just one diamond either side I would have loved - soz didn't catch the number as watching two channels and cooking stretched my multi-tasking capabilities to the max - I didn't even see how much it went for, I only know it would have been too much for me!

I just wonder if Gemstv have seen mugs .....er......customers....... of QVC and IW pay ridiculously high prices for top quality Tanzanite and thought they might as well join in?

I also see they have dropped the meaningless 'majestic' description, which if anything, detracted from the perceived high quality of the gems, I know for a fact I wouldn't have bought my biggie if it didn't have several As in the title which I know is still subjective, but at least gives a clue as to depth of colour. Interesting to see that with the Tanzanite Foundation watching, they didn't give any pieces four of them though