How much does a 3.00 to 4.99ct G VS2 natural emerald diamond cost?

As of September 2026, 3.00 to 4.99ct G VS2 natural emerald diamonds typically cost HK$242,640 HKD to HK$727,959 HKD, with a median price of HK$385,822 HKD. There are currently 251 diamonds matching this specification available across retailers.

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

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3.00 to 4.99ct G VS2 Natural Emerald

Quick answer

As of September 2026, there are 251 natural emerald diamonds with G colour and VS2 clarity in the 3.00 to 4.99ct range available across retailers worldwide. Prices typically run HK$242,640 HKD to HK$727,959 HKD, with a median of HK$385,822 HKD. At least 54 retailers stock this exact specification. Half of all listings fall between HK$104,140 HKD and HK$141,775 HKD per carat. The same specification in lab grown form lists at a median of about HK$2,902 HKD 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

251

Lowest Price

HK$148,863 HKD

Highest Price

HK$1,204,311 HKD

Average Price

HK$447,758 HKD

Market Intelligence

Retailers Selling

Price Spread

30.8%

Price Range

Price per carat distribution across retailers

$15,599/ct

10th Percentile

$11,067

Median

$15,599

90th Percentile

$20,925

Score Distribution

251 diamonds scored across 4 quality tiers

Excellent

57 (22.7%)

Very Good

57 (22.7%)

Good

77 (30.7%)

Average

60 (23.9%)

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Consider Instead

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

H VS2H colour is visually identical to G to the naked eye

Save 23%

Lab-Grown G VS2Same specifications, lab-grown origin

Save 97%

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