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

As of October 2026, 1.50 to 1.99ct I VS2 natural emerald diamonds typically cost ₹3,91,388 INR to ₹10,01,806 INR, with a median price of ₹5,86,928 INR. There are currently 354 diamonds matching this specification available across retailers.

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

About 34% of these diamonds are available at multiple retailers, with an average price spread of 51%. A comparison tool like Carat Hunter lets you see all the prices side by side.

1.50 to 1.99ct I VS2 Natural Emerald

Quick answer

As of October 2026, there are 354 natural emerald diamonds with I colour and VS2 clarity in the 1.50 to 1.99ct range available across retailers worldwide. Prices typically run ₹3,91,388 INR to ₹10,01,806 INR, with a median of ₹5,86,928 INR. At least 66 retailers stock this exact specification, and 34% of the stones appear at more than one of them, with an average price spread of 51%. Half of all listings fall between ₹3,41,293 INR and ₹5,55,076 INR per carat. The same specification in lab grown form lists at a median of about ₹41,205 INR per carat. Over the last 30 days the median price moved -0.3% and the number of listings moved +6.3%.

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 natural stones in the index: 2,278 USD per carat, +6.2% 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

354

Lowest Price

₹2,29,480 INR

Highest Price

₹19,09,112 INR

Average Price

₹6,49,316 INR