How much does a 0.20 to 0.49ct D VS2 natural emerald diamond cost?

As of October 2026, 0.20 to 0.49ct D VS2 natural emerald diamonds typically cost $470 AUD to $1,455 AUD, with a median price of $760 AUD. There are currently 985 diamonds matching this specification available across retailers.

Where can I find the best price on a D VS2 emerald diamond?

About 18% of these diamonds are available at multiple retailers, with an average price spread of 61%. A comparison tool like Carat Hunter lets you see all the prices side by side.

0.20 to 0.49ct D VS2 Natural Emerald

Quick answer

As of October 2026, there are 985 natural emerald diamonds with D colour and VS2 clarity in the 0.20 to 0.49ct range available across retailers worldwide. Prices typically run $470 AUD to $1,455 AUD, with a median of $760 AUD. At least 27 retailers stock this exact specification, and 18% of the stones appear at more than one of them, with an average price spread of 61%. Half of all listings fall between $1,745 AUD and $3,156 AUD per carat. The same specification in lab grown form lists at a median of about $810 AUD per carat. Over the last 30 days the median price moved -2.2% and the number of listings moved -14.1%.

Three of the best scored stones at this specification right now:

Caratlytics Diamond Price Index, September 2026: natural diamonds at 2,335 USD per carat and lab-grown at 443 USD per carat, a natural to lab ratio of 5.3 to 1. Emerald natural stones in the index: 2,278 USD per carat, +6.2% month on month. See the full index release

Figures come from current listings across more than 100 retailers and refresh daily. The index is a monthly release.

Last updated: October 2026

Available

985

Lowest Price

$257 AUD

Highest Price

$2,564 AUD

Average Price

$859 AUD

Market Intelligence

Retailers Selling

Cross Retailer %

18.2%

Price Spread

61.4%

30-Day Price Trend

-2.2%

30-Day Supply Change

-14.1%

Volatility (30d)

0.02

Price Range

Price per carat distribution across retailers

$1,615/ct

10th Percentile

$1,118

Median

$1,615

90th Percentile

$4,547

Score Distribution

2.3K diamonds scored across 4 quality tiers

Excellent

440 (19.0%)

Very Good

467 (20.2%)

Good

485 (21.0%)

Average

920 (39.8%)

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Consider Instead

Save money without compromising on what matters. These alternatives are visually similar but cost less.

D SI1SI1 inclusions are not visible without magnification

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Lab-Grown D VS2Same specifications, lab-grown origin

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Related Specifications

D IF D VVS1 D VVS2 D VS1 D VS2 D SI1 E IF E VVS1 E VVS2 E VS1 E VS2 E SI1 F IF F VVS1 F VVS2 F VS1 F VS2 F SI1 G IF G VVS1 G VVS2 G VS1 G VS2 G SI1 H IF H VVS1 H VVS2 H VS1 H VS2 H SI1 I IF I VVS1 I VVS2 I VS1 I VS2 I SI1