How much does a 5.00ct+ I VS1 natural emerald diamond cost?

As of September 2026, 5.00ct+ I VS1 natural emerald diamonds typically cost HK$637,633 HKD to HK$2,090,005 HKD, with a median price of HK$839,188 HKD. There are currently 161 diamonds matching this specification available across retailers.

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

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5.00ct+ I VS1 Natural Emerald

Quick answer

As of September 2026, there are 161 natural emerald diamonds with I colour and VS1 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run HK$637,633 HKD to HK$2,090,005 HKD, with a median of HK$839,188 HKD. At least 14 retailers stock this exact specification. Half of all listings fall between HK$145,402 HKD and HK$170,463 HKD per carat. The same specification in lab grown form lists at a median of about HK$3,889 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

161

Lowest Price

HK$357,013 HKD

Highest Price

HK$7,343,366 HKD

Average Price

HK$1,211,622 HKD

Market Intelligence

Retailers Selling

Price Spread

16.3%

Price Range

Price per carat distribution across retailers

$19,598/ct

10th Percentile

$16,595

Median

$19,598

90th Percentile

$23,453

Score Distribution

161 diamonds scored across 4 quality tiers

Excellent

22 (13.7%)

Very Good

38 (23.6%)

Good

55 (34.2%)

Average

46 (28.6%)

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Consider Instead

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

Lab-Grown I 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