How much does a 1.50 to 1.99ct I VS2 lab grown emerald diamond cost?

As of October 2026, 1.50 to 1.99ct I VS2 lab grown emerald diamonds typically cost ₹54,018 INR to ₹1,72,729 INR, with a median price of ₹1,24,757 INR. There are currently 11 diamonds matching this specification available across retailers.

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

About 12% of these diamonds are available at multiple retailers, with an average price spread of 83%. A comparison tool like Carat Hunter lets you see all the prices side by side.

1.50 to 1.99ct I VS2 Lab Grown Emerald

Quick answer

As of October 2026, there are 11 lab grown emerald diamonds with I colour and VS2 clarity in the 1.50 to 1.99ct range available across retailers worldwide. Prices typically run ₹54,018 INR to ₹1,72,729 INR, with a median of ₹1,24,757 INR. At least 34 retailers stock this exact specification, and 12% of the stones appear at more than one of them, with an average price spread of 83%. Half of all listings fall between ₹26,639 INR and ₹60,726 INR per carat. The same specification in natural form lists at a median of about ₹4,22,587 INR per carat. Over the last 30 days the median price moved +4.8% and the number of listings moved +4.4%.

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 lab grown stones in the index: 451 USD per carat, -8.3% 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

Lowest Price

₹27,614 INR

Highest Price

₹3,17,083 INR

Average Price

₹1,24,250 INR

Market Intelligence

Retailers Selling

Cross Retailer %

12.2%

Price Spread

82.7%

30-Day Price Trend

+4.8%

30-Day Supply Change

+4.4%

Volatility (30d)

0.03

Price Range

Price per carat distribution across retailers

$433/ct

10th Percentile

$179

Median

$433

90th Percentile

$913

Score Distribution

44 diamonds scored across 4 quality tiers

Excellent

1 (2.3%)

Very Good

2 (4.5%)

Good

8 (18.2%)

Average

33 (75.0%)

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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