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

As of October 2026, 5.00ct+ I VS2 natural princess diamonds typically cost $81,365 NZD to $240,915 NZD, with a median price of $154,154 NZD. There are currently 14 diamonds matching this specification available across retailers.

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

About 24% of these diamonds are available at multiple retailers, with an average price spread of 30%. A comparison tool like Carat Hunter lets you see all the prices side by side.

5.00ct+ I VS2 Natural Princess

Quick answer

As of October 2026, there are 14 natural princess diamonds with I colour and VS2 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run $81,365 NZD to $240,915 NZD, with a median of $154,154 NZD. At least 46 retailers stock this exact specification, and 24% of the stones appear at more than one of them, with an average price spread of 30%. Half of all listings fall between $26,306 NZD and $35,366 NZD per carat. The same specification in lab grown form lists at a median of about $829 NZD per carat. Over the last 30 days the median price moved +3.6% and the number of listings moved -5.3%.

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. Princess natural stones in the index: 2,158 USD per carat, +5.7% 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

$65,310 NZD

Highest Price

$358,856 NZD

Average Price

$164,041 NZD

Market Intelligence

Retailers Selling

Cross Retailer %

24.4%

Price Spread

30.0%

30-Day Price Trend

+3.6%

30-Day Supply Change

-5.3%

Volatility (30d)

0.01

Price Range

Price per carat distribution across retailers

$16,949/ct

10th Percentile

$12,384

Median

$16,949

90th Percentile

$22,443

Score Distribution

40 diamonds scored across 4 quality tiers

Excellent

5 (12.5%)

Very Good

8 (20.0%)

Good

14 (35.0%)

Average

13 (32.5%)

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Consider Instead

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

Lab-Grown I VS2Same specifications, lab-grown origin

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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