0.4 Carat Emerald Natural Diamond Prices Comparison

As of May 2026, 0.4 carat emerald natural diamonds usually range from $195 to $1,486, with an average price of $650.In the last month, prices for these diamonds are down 0.8%.Compare 1,221 verified listings across 8 retailers tracked by CaratRadar.

Market Insights
Last updated: 2026-05-29

0.4 Carat Emerald Natural Diamond Market Overview

CaratRadar currently tracks 1,221 verified 0.4-carat emerald natural diamonds listed across 8 online retailers. Prices in this segment range from $195 to $1,486, with an average asking price of $650 and a median of $641.

The price spread of $1,291 (86.9% from highest to lowest) highlights why comparing identical certified diamonds across multiple retailers matters. Two identical certified diamonds can differ by hundreds or even thousands of dollars depending on the retailer.

These figures are based on our latest daily market data, matched by certification lab and certificate number across retailers, so you are comparing the exact same diamond.

  • 1,221 diamonds tracked in this segment

  • Price range: $195 to $1,486

  • Average price: $650

  • Median price: $641

  • Available across 8 retailers

  • Savings potential: up to 86.9%

Price Range Overview

As of May 29, 2026
Spread $1,291

Real market range for this carat, shape, and diamond type.

$195$1,486
Tracked

1,221

Lowest

$195

Average

$650

Median

$641

Highest

$1,486

Price History

Price Comparison Matrix

Live Listings

See all listings

Compare current retailer offers for this exact segment and open any listing for full details.

GIA | 0.46ct | Emerald | K | SI1 | Excellent
Save 25.3%

GIA | 0.46ct | Emerald | K | SI1 | Excellent

From $249

Compare at $333

2 stores
GIA | 0.46ct | Emerald | K | VVS2 | Excellent
Save 26.1%

GIA | 0.46ct | Emerald | K | VVS2 | Excellent

From $289

Compare at $391

4 stores
GIA | 0.41ct | Emerald | I | SI2 | Ideal
Save 16.9%

GIA | 0.41ct | Emerald | I | SI2 | Ideal

From $291

Compare at $350

3 stores
GIA | 0.41ct | Emerald | J | VS2 | Excellent
Save 23.1%

GIA | 0.41ct | Emerald | J | VS2 | Excellent

From $296

Compare at $385

2 stores
GIA | 0.41ct | Emerald | I | SI2 | Excellent
Save 21.5%

GIA | 0.41ct | Emerald | I | SI2 | Excellent

From $298

Compare at $380

2 stores
GIA | 0.41ct | Emerald | F | SI2 | Ideal

GIA | 0.41ct | Emerald | F | SI2 | Ideal

From $302

Compare at $324

2 stores
GIA | 0.41ct | Emerald | F | SI2 | Good
Save 22.2%

GIA | 0.41ct | Emerald | F | SI2 | Good

From $305

Compare at $392

2 stores
GIA | 0.41ct | Emerald | I | SI1 | Excellent
Save 26.3%

GIA | 0.41ct | Emerald | I | SI1 | Excellent

From $305

Compare at $414

2 stores
GIA | 0.41ct | Emerald | J | SI1 | Excellent
Save 22.6%

GIA | 0.41ct | Emerald | J | SI1 | Excellent

From $308

Compare at $398

2 stores
GIA | 0.46ct | Emerald | K | VS1 | Very Good
Save 16%

GIA | 0.46ct | Emerald | K | VS1 | Very Good

From $309

Compare at $368

2 stores
GIA | 0.42ct | Emerald | I | SI1 | Excellent
Save 33.4%

GIA | 0.42ct | Emerald | I | SI1 | Excellent

From $313

Compare at $470

2 stores
GIA | 0.42ct | Emerald | H | SI1 | Very Good

GIA | 0.42ct | Emerald | H | SI1 | Very Good

From $316

Compare at $343

4 stores
GIA | 0.42ct | Emerald | J | VS1 | Excellent
Save 33.4%

GIA | 0.42ct | Emerald | J | VS1 | Excellent

From $318

Compare at $478

2 stores
GIA | 0.41ct | Emerald | I | SI1 | Excellent
Save 28.8%

GIA | 0.41ct | Emerald | I | SI1 | Excellent

From $318

Compare at $447

2 stores
GIA | 0.41ct | Emerald | J | VS1 | Excellent
Save 22.6%

GIA | 0.41ct | Emerald | J | VS1 | Excellent

From $319

Compare at $412

2 stores
GIA | 0.44ct | Emerald | J | VS2 | Excellent
Save 31.4%

GIA | 0.44ct | Emerald | J | VS2 | Excellent

From $320

Compare at $466

3 stores
GIA | 0.41ct | Emerald | J | VS2 | Excellent
Save 23.4%

GIA | 0.41ct | Emerald | J | VS2 | Excellent

From $321

Compare at $419

2 stores
GIA | 0.41ct | Emerald | J | SI1 | Excellent
Save 23.2%

GIA | 0.41ct | Emerald | J | SI1 | Excellent

From $323

Compare at $421

2 stores
GIA | 0.42ct | Emerald | K | VVS1 | Excellent
Save 23.6%

GIA | 0.42ct | Emerald | K | VVS1 | Excellent

From $324

Compare at $424

2 stores
GIA | 0.41ct | Emerald | I | VS1 | Excellent
Save 41.6%

GIA | 0.41ct | Emerald | I | VS1 | Excellent

From $327

Compare at $560

2 stores
GIA | 0.41ct | Emerald | J | VS2 | Excellent
Save 23.4%

GIA | 0.41ct | Emerald | J | VS2 | Excellent

From $328

Compare at $428

2 stores
GIA | 0.41ct | Emerald | I | SI1 | Excellent

GIA | 0.41ct | Emerald | I | SI1 | Excellent

From $328

Compare at $362

4 stores
GIA | 0.44ct | Emerald | J | SI1 | Excellent
Save 23.1%

GIA | 0.44ct | Emerald | J | SI1 | Excellent

From $328

Compare at $427

2 stores
GIA | 0.41ct | Emerald | J | VS2 | Very Good
Save 21.4%

GIA | 0.41ct | Emerald | J | VS2 | Very Good

From $331

Compare at $421

2 stores
GIA | 0.48ct | Emerald | K | VS2 | Excellent
Save 42.8%

GIA | 0.48ct | Emerald | K | VS2 | Excellent

From $334

Compare at $584

3 stores
GIA | 0.45ct | Emerald | K | VVS1 | Excellent
Save 20%

GIA | 0.45ct | Emerald | K | VVS1 | Excellent

From $340

Compare at $425

3 stores
GIA | 0.41ct | Emerald | D | VS2 | Good
Save 23.4%

GIA | 0.41ct | Emerald | D | VS2 | Good

From $341

Compare at $445

2 stores
GIA | 0.41ct | Emerald | I | SI1 | Excellent
Save 29.1%

GIA | 0.41ct | Emerald | I | SI1 | Excellent

From $341

Compare at $481

2 stores
GIA | 0.41ct | Emerald | J | VS1 | Excellent
Save 23.2%

GIA | 0.41ct | Emerald | J | VS1 | Excellent

From $341

Compare at $444

2 stores
GIA | 0.44ct | Emerald | I | VVS2 | Very Good
Save 34.9%

GIA | 0.44ct | Emerald | I | VVS2 | Very Good

From $342

Compare at $525

2 stores
GIA | 0.44ct | Emerald | F | SI1 | Excellent
Save 28.2%

GIA | 0.44ct | Emerald | F | SI1 | Excellent

From $344

Compare at $479

2 stores
GIA | 0.42ct | Emerald | F | SI1 | Excellent
Save 28.1%

GIA | 0.42ct | Emerald | F | SI1 | Excellent

From $344

Compare at $478

2 stores
GIA | 0.46ct | Emerald | G | SI1 | Excellent
Save 30.6%

GIA | 0.46ct | Emerald | G | SI1 | Excellent

From $345

Compare at $497

3 stores
GIA | 0.41ct | Emerald | H | VS2 | Excellent
Save 40.5%

GIA | 0.41ct | Emerald | H | VS2 | Excellent

From $345

Compare at $580

2 stores
GIA | 0.41ct | Emerald | I | VVS2 | Excellent
Save 10.5%

GIA | 0.41ct | Emerald | I | VVS2 | Excellent

From $348

Compare at $389

4 stores
GIA | 0.42ct | Emerald | H | SI1 | Excellent
Save 23.8%

GIA | 0.42ct | Emerald | H | SI1 | Excellent

From $348

Compare at $457

2 stores
GIA | 0.46ct | Emerald | J | VS2 | Excellent
Save 45.7%

GIA | 0.46ct | Emerald | J | VS2 | Excellent

From $351

Compare at $646

3 stores
GIA | 0.44ct | Emerald | H | SI1 | Excellent
Save 11.1%

GIA | 0.44ct | Emerald | H | SI1 | Excellent

From $351

Compare at $395

4 stores
GIA | 0.44ct | Emerald | I | VS1 | Very Good
Save 33.7%

GIA | 0.44ct | Emerald | I | VS1 | Very Good

From $351

Compare at $530

2 stores
GIA | 0.41ct | Emerald | I | VS2 | Excellent
Save 21.2%

GIA | 0.41ct | Emerald | I | VS2 | Excellent

From $353

Compare at $448

2 stores
GIA | 0.45ct | Emerald | J | VS1 | Excellent
Save 24.6%

GIA | 0.45ct | Emerald | J | VS1 | Excellent

From $353

Compare at $468

2 stores
GIA | 0.46ct | Emerald | G | SI1 | Excellent
Save 33.5%

GIA | 0.46ct | Emerald | G | SI1 | Excellent

From $353

Compare at $531

2 stores
GIA | 0.41ct | Emerald | I | VVS2 | Very Good
Save 28.3%

GIA | 0.41ct | Emerald | I | VVS2 | Very Good

From $354

Compare at $494

5 stores
GIA | 0.42ct | Emerald | I | VVS2 | Very Good
Save 25.2%

GIA | 0.42ct | Emerald | I | VVS2 | Very Good

From $355

Compare at $475

2 stores
GIA | 0.41ct | Emerald | F | SI1 | Excellent
Save 31.3%

GIA | 0.41ct | Emerald | F | SI1 | Excellent

From $356

Compare at $518

5 stores
GIA | 0.41ct | Emerald | I | VVS2 | Excellent
Save 19%

GIA | 0.41ct | Emerald | I | VVS2 | Excellent

From $356

Compare at $439

2 stores
GIA | 0.41ct | Emerald | F | SI1 | Ideal
Save 25.3%

GIA | 0.41ct | Emerald | F | SI1 | Ideal

From $357

Compare at $478

2 stores
GIA | 0.41ct | Emerald | F | SI1 | Ideal
Save 24.8%

GIA | 0.41ct | Emerald | F | SI1 | Ideal

From $357

Compare at $475

2 stores
GIA | 0.41ct | Emerald | F | SI1 | Excellent
Save 23.9%

GIA | 0.41ct | Emerald | F | SI1 | Excellent

From $357

Compare at $469

2 stores
GIA | 0.43ct | Emerald | J | VVS1 | Excellent
Save 25.6%

GIA | 0.43ct | Emerald | J | VVS1 | Excellent

From $357

Compare at $480

5 stores

Entry pricing in this category starts around $195.

What to Know When Shopping for 0.4 Carat Emerald Natural Diamonds

  1. Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $1,291 or more.
  2. Focus on the 4Cs that matter most to you. Color and clarity grades drive price more than cut in many segments, but cut affects sparkle the most.
  3. The median price of $641 is a useful benchmark. If you see a deal significantly below this, verify the retailer's reputation and return policy.
  4. Consider eye-clean alternatives. Moving one clarity grade down (e.g., VS2 to SI1) can save 10-15% with no visible difference to the naked eye.
  5. Compare natural vs. lab-grown options for the same carat and shape. Lab-grown diamonds are chemically identical but often 30-50% less expensive.
  6. Check shipping, insurance, and return policies. The lowest sticker price is not always the best deal once you factor in total cost of purchase.
  7. Emerald cuts show clarity more readily due to their step-cut facets. Consider VS2 or better clarity for this shape.

Frequently Asked Questions

We currently track 1,221 comparable stones in this segment. Prices start around $195 and go up to $1,486.

Based on the latest market data, the average asking price is about $650 with a median around $641.

The observed spread is roughly $1,291 across tracked listings, which is about 86.9% from highest to lowest offer in this bucket.

We refresh pricing data daily so these pages stay current with market changes.

Based on completed market data, the fair market benchmark is $650. The median price is $641, so offers between the median and fair benchmark can be reasonable, while reputable listings below the median may be especially competitive.

We currently track this stone category across 8 online retailers, giving you a broad view of the competitive landscape.

For most buyers, color differences below G are hard to detect once set in a ring. Clarity grades of VS2 and above are typically eye-clean. Prioritize cut quality for maximum brilliance, then balance color and clarity based on your budget.

Retailer pricing strategies, overhead costs, and margin targets all contribute. The exact certified diamond can differ by $1,291 across sellers, which is why direct certified-diamond comparison is essential.

We match diamonds across retailers by their certification lab and certificate number. This means the prices you see are for the exact same physical diamond, not just stones with similar specs. It is a true apples-to-apples comparison.

Diamond prices fluctuate based on supply and demand. Our data refreshes regularly so you can track trends over time. Use the price range on this page as a benchmark and compare it to historical averages when available.

Diamond Terminology

Carat
A unit of weight for diamonds equal to 200 milligrams. Larger carat weights are exponentially rarer, which is why prices increase non-linearly with size.
Cut
Refers to how well a diamond's facets interact with light. Cut quality ranges from Ideal to Poor and is the single biggest factor affecting a diamond's brilliance.
Color
Grades a diamond's lack of color on a scale from D (colorless) to Z (light yellow). Grades D-F are considered colorless; G-J are near-colorless and offer good value.
Clarity
Measures the presence of internal inclusions or surface blemishes. Grades range from Flawless (FL) to Included (I3). Most inclusions in VS2 and above are invisible to the naked eye.

Related Price Categories

Explore adjacent carat ranges and shapes to compare market shifts.

Tracking Natural inventory for 0.4 carat Emerald diamonds.