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

As of September 2026, 3.00 to 4.99ct I VS2 natural emerald diamonds typically cost HK$145,369 HKD to HK$518,479 HKD, with a median price of HK$292,686 HKD. There are currently 416 diamonds matching this specification available across retailers.

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

Compare prices across retailers on Carat Hunter to see all your options.

3.00 to 4.99ct I VS2 Natural Emerald

Quick answer

As of September 2026, there are 416 natural emerald diamonds with I colour and VS2 clarity in the 3.00 to 4.99ct range available across retailers worldwide. Prices typically run HK$145,369 HKD to HK$518,479 HKD, with a median of HK$292,686 HKD. At least 56 retailers stock this exact specification. Half of all listings fall between HK$79,276 HKD and HK$110,684 HKD per carat. The same specification in lab grown form lists at a median of about HK$4,000 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

416

Lowest Price

HK$97,846 HKD

Highest Price

HK$1,077,997 HKD

Average Price

HK$318,458 HKD