How much does a 0.20 to 0.49ct D VS1 natural emerald diamond cost?

As of October 2026, 0.20 to 0.49ct D VS1 natural emerald diamonds typically cost HK$2,793 HKD to HK$8,513 HKD, with a median price of HK$4,421 HKD. There are currently 1,687 diamonds matching this specification available across retailers.

Where can I find the best price on a D VS1 emerald diamond?

About 15% of these diamonds are available at multiple retailers, with an average price spread of 54%. A comparison tool like Carat Hunter lets you see all the prices side by side.

0.20 to 0.49ct D VS1 Natural Emerald

Quick answer

As of October 2026, there are 1,687 natural emerald diamonds with D colour and VS1 clarity in the 0.20 to 0.49ct range available across retailers worldwide. Prices typically run HK$2,793 HKD to HK$8,513 HKD, with a median of HK$4,421 HKD. At least 31 retailers stock this exact specification, and 15% of the stones appear at more than one of them, with an average price spread of 54%. Half of all listings fall between HK$10,817 HKD and HK$19,251 HKD per carat. The same specification in lab grown form lists at a median of about HK$4,039 HKD per carat. Over the last 30 days the median price moved -4.7% and the number of listings moved -10.1%.

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

1,687

Lowest Price

HK$1,501 HKD

Highest Price

HK$14,760 HKD

Average Price

HK$5,004 HKD

Market Intelligence

Retailers Selling

Cross Retailer %

14.8%

Price Spread

54.5%

30-Day Price Trend

-4.7%

30-Day Supply Change

-10.1%

Volatility (30d)

0.02

Price Range

Price per carat distribution across retailers

$1,974/ct

10th Percentile

$1,135

Median

$1,974

90th Percentile

$3,173

Score Distribution

4.0K diamonds scored across 5 quality tiers

Exceptional

3 (0.1%)

Excellent

624 (15.6%)

Very Good

954 (23.8%)

Good

769 (19.2%)

Average

1,651 (41.3%)

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Consider Instead

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

D VS2VS2 inclusions are not visible without magnification

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Lab-Grown D VS1Same 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