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 Post subject: Tanzanite Check
PostPosted: Fri Oct 16, 2020 9:17 am 
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Joined: Wed Jul 22, 2015 6:39 am
Posts: 158
Hello all, been absent for a while as just became a father
<insert exhausted beyond belief emoji>
(apologies Barb, still need to send that garnet rough to you)

I just got a parcel of 4ct+ tanzanite and wanted to do a price check. Dealer is asking around $200/ct for the lot (seems steep to me). All pieces are above 4ct, 10x Loupe clean, cutting is good with no windowing. Colour looks good to me but I know this is key to pricing.

Im not experienced with Tanzanite and I intend to sell them so need a margin; hence wondering what kind of price these kind of pieces sell for realistically please.

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Many thanks


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 Post subject: Re: Tanzanite Check
PostPosted: Fri Oct 16, 2020 12:01 pm 
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Location: San Francisco
Seems like a bargain to me.


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 Post subject: Re: Tanzanite Check
PostPosted: Fri Oct 16, 2020 12:02 pm 
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Thanks Barbra, how much would you say a realistic retail price is please ($ per ct)?
Just ballpark, figures vary so much on the internet


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 Post subject: Re: Tanzanite Check
PostPosted: Fri Oct 16, 2020 5:14 pm 
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I agree with Barbra - $200/ct is a bargain. Best I found at Tucson was over $250/ct.


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 Post subject: Re: Tanzanite Check
PostPosted: Fri Oct 16, 2020 7:48 pm 
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Retail has to be defined.
Retail in an online venue?
In a brick and mortar store?

Let's look at a couple of comps:
Brilliant Earth:

RealReal:online retail in a Secondary Market

ist Dibs

Harry Chad

Invaluable

Angara

Ben Bridge

This should give you a good feeling for retail


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 Post subject: Re: Tanzanite Check
PostPosted: Sat Oct 17, 2020 3:28 am 
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Thanks so much as always Barbra & dchallener, greatly appreciated


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 Post subject: Re: Tanzanite Check
PostPosted: Sun Oct 18, 2020 9:01 pm 
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How can these cost 3000$
https://www.brilliantearth.com/9mm-Purp ... ZTN9.0CU3/

am always amazed how the price goes up as it climbs the chain.

I am no expert but only thing I would like to point out Raj is first Congratulations on being a dad!! I know you will feel very tired but it is worth it (i am 6 years in and still as tired as i was the first day :o
Second, the colors of tanzanite are so easily boosted by cameras sensors. They love to boost that blue, be careful trusting the color of photos.

I myself don't think 200 for those is a bargain, but about right for the saturation and cutting of them (thinking wholesale here)

cheers


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 Post subject: Re: Tanzanite Check
PostPosted: Sun Oct 18, 2020 10:29 pm 
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The most recent parcel price I have seen on Tanzanite in the 5ct plus size AAA Gem is between $200 - $225. This is for better color, better cut, and larger sizes.

I saw one very large lot of 1,000 carats for $180/ct.

These are prices to dealers from Jaipur cutters, There are markups from here to jewelers, and of cours again to the public.

I hope that information helps.


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 Post subject: Re: Tanzanite Check
PostPosted: Mon Oct 19, 2020 5:21 am 
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TheL wrote:
How can these cost 3000$
https://www.brilliantearth.com/9mm-Purp ... ZTN9.0CU3/

am always amazed how the price goes up as it climbs the chain.

I am no expert but only thing I would like to point out Raj is first Congratulations on being a dad!! I know you will feel very tired but it is worth it (i am 6 years in and still as tired as i was the first day :o
Second, the colors of tanzanite are so easily boosted by cameras sensors. They love to boost that blue, be careful trusting the color of photos.

I myself don't think 200 for those is a bargain, but about right for the saturation and cutting of them (thinking wholesale here)

cheers


Thanks so much TheL, man people told me to enjoy my freedom before she was born but I ignored it lol
I thought how hard could it be ? Turns out very :oops: I cannot even imagine a day where my life will go back to normal and I can get 6 hours of uninterrupted sleep ....... [-o<
When I get a chance to dream, I am dreaming about sleep :)


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 Post subject: Re: Tanzanite Check
PostPosted: Mon Oct 19, 2020 5:35 am 
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Thel & 1bwana1, I am in complete agreement with you. My initial instincts thought these were near retail cost already based on colour, size & cut.

The prices are so wildly exaggerated for even mediocre material. Dealers are of course taking advantage of this.

Last year I bought a 100ct+ parcel of bicolour tanzanite, all beautifully cut and saturated for $20/ct. Yesterday the price for the same material has gone up to $60/ct.

Thankyou very much for the clarity.


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 Post subject: Re: Tanzanite Check
PostPosted: Mon Oct 19, 2020 6:45 pm 
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Joined: Mon May 26, 2014 9:42 pm
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A lot of course depends on where you find them. I have bought Tanzanite last year for $15/carat for 3-4 carat cut pieces - but this was at a flea market from a former pawn shop owner who was getting rid of his stock. Luck has a lot to do with it. Steve has much better regular sources than I have.


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 Post subject: Re: Tanzanite Check
PostPosted: Mon Oct 19, 2020 7:17 pm 
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The prices one pays from dealers in India is quite a bargain if you can find them.
It is old stock and when it is gone...it will be gone.


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