Local Leader TV Podcast

From Africa to the World: Antony Zagoritis on the Billion-Year Rise of Tanzanite & Tsavorite Jewelry


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In a recent Local Leader TV episode, Antony Zagoritis, CEO of the Rare Gemstone Company, offered a rare glimpse into the evolving world of fine gemstones. Founded in 1974 by his father, a former coffee farmer, the company has grown into one of the most respected names in the global gemstone trade. Since joining in 1998, Zagoritis has guided the firm toward specializing in the top 1% of gemstones, emphasizing transparency, quality, and innovation.

The Rare Gemstone Company has embraced modern technology, combining 3D printing, CAD design, and a custom jewelry platform that lets clients design their own pieces. While lower-grade gems are sold through markets like Bangkok and India, the company’s main focus remains on fine, ethically sourced stones.

Zagoritis highlighted the investment potential of rare gems, noting that stones like Alexandrite and Paraiba Tourmaline have skyrocketed in value to as much as $40,000 per carat. He also discussed how the lab-grown diamond trend has shifted consumer interest toward natural colored gemstones for engagement rings and luxury jewelry.

When discussing Tanzanite and Tsavorite, Antony shared fascinating insights: Tanzanite, found only in Tanzania, is considered a “one-generation gem,” while Tsavorite, its rarer green counterpart, commands premium prices for its brilliance and scarcity. Both stones are over a billion years old, making them powerful symbols of nature’s artistry.

A major point of pride for Zagoritis is the firm’s blockchain-based sourcing system, which enables miners to document and verify gemstone origins. This innovation enhances ethical transparency and combats concerns about exploitation in the gemstone industry. The company plans to expand this initiative by filming each mine for its upcoming online portal.

Looking ahead, Zagoritis aims to raise awareness for underrepresented stones like Dragon Garnet through creative marketing and storytelling. As he noted, every gem has its own tale—a journey from the earth’s depths to a piece of wearable art. With a year-long U.S. television feature on the horizon, the Rare Gemstone Company continues to redefine luxury through authenticity, craftsmanship, and conscience.

https://youtu.be/j6tm5RrzSYs

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Local Leader TV PodcastBy Justin West