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

As of September 2026, 3.00 to 4.99ct H VS2 natural emerald diamonds typically cost HK$210,223 HKD to HK$607,493 HKD, with a median price of HK$343,169 HKD. There are currently 318 diamonds matching this specification available across retailers.

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

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3.00 to 4.99ct H VS2 Natural Emerald

Quick answer

As of September 2026, there are 318 natural emerald diamonds with H colour and VS2 clarity in the 3.00 to 4.99ct range available across retailers worldwide. Prices typically run HK$210,223 HKD to HK$607,493 HKD, with a median of HK$343,169 HKD. At least 56 retailers stock this exact specification. Half of all listings fall between HK$79,386 HKD and HK$111,065 HKD per carat. The same specification in lab grown form lists at a median of about HK$4,012 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

318

Lowest Price

HK$127,759 HKD

Highest Price

HK$1,153,762 HKD

Average Price

HK$387,528 HKD

Market Intelligence

Retailers Selling

Price Spread

33.5%

Price Range

Price per carat distribution across retailers

$12,075/ct

10th Percentile

$7,375

Median

$12,075

90th Percentile

$15,999

Score Distribution

318 diamonds scored across 4 quality tiers

Excellent

40 (12.6%)

Very Good

82 (25.8%)

Good

92 (28.9%)

Average

104 (32.7%)

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Consider Instead

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

H SI1SI1 inclusions are not visible without magnification

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Lab-Grown H 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