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Is tanzanite a precious gemstone?

Gemstone precious tanzanite
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Is tanzanite a precious gemstone?

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Absolutely! Traditionally, a gemstone must have three important traits to be classified as precious: beauty, rarity and durability. Tanzanite possesses both beauty and durability, and is more than one thousand times rarer than a diamond. Tanzanite is therefore precious in every sense of the word.

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