There are many factors that determine the price of any jewelry piece. The type of metal the item is crafted in, the type of gemstone(s) it features, and the quality of craftsmanship are usually most important. When purchasing gemstone jewelry pieces there are several things to consider.

Obviously, the type of gemstone in the piece can have an enormous effect on its price, as some gemstones are more precious or rare than others. Naturally mined, genuine gemstones are usually more expensive, although lab-created and synthetic Tansanit gemstones are usually flawless and have more vivid colors. It’s also important to know that dealers may sometimes say that an item is “created” or “synthetic” when in actuality it is simulated. Simulated gemstones are glass, rhinestones, or any other material that is made to look like a genuine gemstone. A simulated gemstone does not have the same composition and properties as a natural gemstone, whereas lab-created and synthetic gemstones do.

Another factor that affects the price of a gemstone jewelry piece is the size and quality of the gem. As with diamonds, the majority of gemstones are measured in carats (1 Carat is 1/5 of a gram). The higher the carat weight, the larger the stone, and the more valuable it is. And although no natural gemstone is flawless, noticeable scratches, chips or inclusions will lower the value of an item.

Another thing to keep in mind is that jewelry prices vary immensely. Precious metals prices change from day to day, as do prices of many precious stones, such as Tanzanite. The timing of your purchase could affect the price of your item as much as anything else. And of course each retailer may have a different mark-up, so shopping around is always a good idea. In the end, the most important thing by far is that you’ll be happy with your purchase for years to come

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