How much does a 3.00 to 4.99ct I SI2 natural emerald diamond cost?

As of September 2026, 3.00 to 4.99ct I SI2 natural emerald diamonds typically cost $22,285 AUD to $82,383 AUD, with a median price of $42,333 AUD. There are currently 73 diamonds matching this specification available across retailers.

Where can I find the best price on a I SI2 emerald diamond?

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3.00 to 4.99ct I SI2 Natural Emerald

Quick answer

As of September 2026, there are 73 natural emerald diamonds with I colour and SI2 clarity in the 3.00 to 4.99ct range available across retailers worldwide. Prices typically run $22,285 AUD to $82,383 AUD, with a median of $42,333 AUD. At least 41 retailers stock this exact specification. Half of all listings fall between $10,038 AUD and $18,142 AUD per carat. The same specification in lab grown form lists at a median of about $515 AUD per carat.

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

Caratlytics Diamond Price Index, August 2026: natural diamonds at 2,184 USD per carat and lab-grown at 464 USD per carat, a natural to lab ratio of 4.7 to 1. Emerald natural stones in the index: 2,166 USD per carat, -6.6% month on month. See the full index release

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

Last updated: September 2026

Available

Lowest Price

$11,887 AUD

Highest Price

$192,773 AUD

Average Price

$49,310 AUD

Market Intelligence

Retailers Selling

Price Spread

55.2%

Price Range

Price per carat distribution across retailers

$10,459/ct

10th Percentile

$5,745

Median

$10,459

90th Percentile

$14,724

Score Distribution

73 diamonds scored across 4 quality tiers

Excellent

14 (19.2%)

Very Good

20 (27.4%)

Good

15 (20.5%)

Average

24 (32.9%)

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Consider Instead

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

J SI2J colour is visually identical to I to the naked eye

Save 40%

Lab-Grown I SI2Same specifications, lab-grown origin

Save 95%

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