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

As of September 2026, 5.00ct+ I VS1 natural oval diamonds typically cost $128,682 NZD to $424,922 NZD, with a median price of $214,393 NZD. There are currently 72 diamonds matching this specification available across retailers.

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

Compare prices across retailers on Carat Hunter to see all your options.

5.00ct+ I VS1 Natural Oval

Quick answer

As of September 2026, there are 72 natural oval diamonds with I colour and VS1 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run $128,682 NZD to $424,922 NZD, with a median of $214,393 NZD. At least 10 retailers stock this exact specification. Half of all listings fall between $40,243 NZD and $51,247 NZD per carat. The same specification in lab grown form lists at a median of about $916 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. Oval natural stones in the index: 2,380 USD per carat, -9.6% 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

Lowest Price

$91,839 NZD

Highest Price

$744,335 NZD

Average Price

$251,801 NZD