I think they will continue to raise the price to the levels of tanzanite. They have already raise the price from about $30 to now $125/ct for Good Red stones. I have heard they stocked up on it and signed a 10 year exclusive agreement to receive all the production from the mine for the next 10 years. Since they can''t do that anymore they are focusin their attention to Red Andesine/Laboradite. They are actually the ones (I beleive) that made it a main stream gem. You are correct that the Tanzanian Government isn''t going to let any rough out of the country large enough to cut over a 1ct stone and that Tanzanite One is going to monopolize the stone and the Jewelery Channel used to make great buys and stock up on the tanzanite. On ebay some vendor said that Tanzanit One was goint to intsitute a price scale at $2000,00 per carat for the the lighter stuff. We should expect some bizzare behavior.Īnyway, the upshot is the cutting is going to be terrible and stones will have to be recut, thus increasing the per carat price. They wil definitey go into withdrawal now. So a shipment was cancelled and JTV has no more loose tanzanite except poor quality stuff. I don''t think Tanzanite One has anything to say about it. It is going to cut the stones in Tanzania instead of sending them to India to be cut. Anyhow, what the fuss is about is the Tanzanian government is not allowing stones of more than one carat to be exported out of the country. It is on the internet if you know what you''re looking for. Big Changes Coming, will revolutionize the tanzanite industry. Yes, they removed all tanzanite stones off the air.
JTV, the company I have a love-hate relationship with.
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