How much does a 3.00 to 4.99ct I VS1 natural emerald diamond cost?

As of October 2026, 3.00 to 4.99ct I VS1 natural emerald diamonds typically cost $47,532 NZD to $137,104 NZD, with a median price of $71,820 NZD. There are currently 177 diamonds matching this specification available across retailers.

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

About 33% of these diamonds are available at multiple retailers, with an average price spread of 32%. A comparison tool like Carat Hunter lets you see all the prices side by side.

3.00 to 4.99ct I VS1 Natural Emerald

Quick answer

As of October 2026, there are 177 natural emerald diamonds with I colour and VS1 clarity in the 3.00 to 4.99ct range available across retailers worldwide. Prices typically run $47,532 NZD to $137,104 NZD, with a median of $71,820 NZD. At least 62 retailers stock this exact specification, and 33% of the stones appear at more than one of them, with an average price spread of 32%. Half of all listings fall between $19,511 NZD and $26,712 NZD per carat. The same specification in lab grown form lists at a median of about $701 NZD per carat. Over the last 30 days the median price moved -0.2% and the number of listings moved +10.0%.

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

177

Lowest Price

$28,992 NZD

Highest Price

$276,081 NZD

Average Price

$83,453 NZD

Market Intelligence

Retailers Selling

Cross Retailer %

33.1%

Price Spread

31.7%

30-Day Price Trend

-0.2%

30-Day Supply Change

+10.0%

Volatility (30d)

0.00

Price Range

Price per carat distribution across retailers

$12,818/ct

10th Percentile

$9,407

Median

$12,818

90th Percentile

$17,412

Score Distribution

476 diamonds scored across 4 quality tiers

Excellent

112 (23.5%)

Very Good

96 (20.2%)

Good

63 (13.2%)

Average

205 (43.1%)

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Consider Instead

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

J VS1J colour is visually identical to I to the naked eye

Save 35%

Lab-Grown I VS1Same specifications, lab-grown origin

Save 97%

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