How much does a 5.00ct+ I VS2 natural emerald diamond cost?

As of September 2026, 5.00ct+ I VS2 natural emerald diamonds typically cost $89,556 NZD to $417,927 NZD, with a median price of $173,527 NZD. There are currently 101 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.

5.00ct+ I VS2 Natural Emerald

Quick answer

As of September 2026, there are 101 natural emerald diamonds with I colour and VS2 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run $89,556 NZD to $417,927 NZD, with a median of $173,527 NZD. At least 14 retailers stock this exact specification. Half of all listings fall between $59,486 NZD and $98,598 NZD per carat. The same specification in lab grown form lists at a median of about $2,035 NZD 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

101

Lowest Price

$48,921 NZD

Highest Price

$2,937,991 NZD

Average Price

$289,408 NZD