2.3 Carat Natural Diamond Prices Comparison

As of June 2026, the average price of a 2.3 carat natural diamond is $20,792.2.3 carat diamonds can cost anywhere from $889 to $67,409 depending on shape, color, clarity, and other factors.In the last month, prices for these diamonds are down 0.6%.Compare 631 verified listings across 9 retailers in the tables below.

Market Insights
Last updated: 2026-06-10

2.3 Carat Natural Diamond Market Overview

CaratRadar currently tracks 631 verified 2.3-carat natural diamonds listed across 9 online retailers. Prices in this segment range from $889 to $67,409, with an average asking price of $20,792 and a median of $19,640.

The price spread of $66,520 (98.7% 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.

  • 631 diamonds tracked in this segment

  • Price range: $889 to $67,409

  • Average price: $20,792

  • Median price: $19,640

  • Available across 9 retailers

  • Savings potential: up to 98.7%

Price Range Overview

As of Jun 10, 2026
Spread $66,521

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

$889$67,409
Tracked

631

Lowest

$889

Average

$20,792

Median

$19,640

Highest

$67,409

Price History

Price Comparison Matrix

2.3 Carat Natural Diamond Prices by Shape

Shape-level averages for this carat and type. Open each shape page for full market detail.

ShapeAverage PriceListingsPage
Round$22,005555View
Oval$18,031433View
Emerald$16,695276View
Cushion$15,190261View
Pear$19,619122View
Radiant$18,75090View
Princess$13,78385View
Heart$15,47968View
Marquise$24,98640View
Asscher$17,05436View

Live Listings

See all listings

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

IGI | 2.32ct | Princess | K | VS2 | Very Good
Save 23.3%

IGI | 2.32ct | Princess | K | VS2 | Very Good

From $4,871

Compare at $6,347

2 stores
IGI | 2.36ct | Princess | K | VS2 | Very Good
Save 23.2%

IGI | 2.36ct | Princess | K | VS2 | Very Good

From $4,955

Compare at $6,456

2 stores
IGI | 2.37ct | Emerald | K | VS2 | Very Good
Save 29%

IGI | 2.37ct | Emerald | K | VS2 | Very Good

From $5,445

Compare at $7,665

2 stores
GIA | 2.3ct | Cushion | I | SI2 | Good
Save 38.9%

GIA | 2.3ct | Cushion | I | SI2 | Good

From $5,893

Compare at $9,639

3 stores
IGI | 2.38ct | Round | K | VS2 | Excellent
Save 15.7%

IGI | 2.38ct | Round | K | VS2 | Excellent

From $6,155

Compare at $7,302

2 stores
GIA | 2.3ct | Round | K | SI2 | Excellent
Save 20.3%

GIA | 2.3ct | Round | K | SI2 | Excellent

From $6,195

Compare at $7,774

2 stores
IGI | 2.3ct | Pear | K | VVS1 | Very Good
Save 16.3%

IGI | 2.3ct | Pear | K | VVS1 | Very Good

From $6,230

Compare at $7,440

2 stores
IGI | 2.31ct | Oval | J | SI1 | Very Good
Save 13.8%

IGI | 2.31ct | Oval | J | SI1 | Very Good

From $6,240

Compare at $7,237

2 stores
GIA | 2.34ct | Asscher | J | SI2 | Excellent
Save 17.4%

GIA | 2.34ct | Asscher | J | SI2 | Excellent

From $6,803

Compare at $8,233

2 stores
GIA | 2.36ct | Heart | J | SI2 | Excellent
Save 19%

GIA | 2.36ct | Heart | J | SI2 | Excellent

From $7,061

Compare at $8,721

3 stores
GIA | 2.39ct | Asscher | I | SI1 | Ideal
Save 41.9%

GIA | 2.39ct | Asscher | I | SI1 | Ideal

From $7,095

Compare at $12,212

3 stores
GIA | 2.31ct | Princess | J | SI2 | Excellent
Save 21.2%

GIA | 2.31ct | Princess | J | SI2 | Excellent

From $7,280

Compare at $9,240

4 stores
GIA | 2.3ct | Oval | L | SI1 | Excellent
Save 25.4%

GIA | 2.3ct | Oval | L | SI1 | Excellent

From $7,343

Compare at $9,842

3 stores
GIA | 2.3ct | Oval | K | SI2 | Excellent
Save 26.4%

GIA | 2.3ct | Oval | K | SI2 | Excellent

From $7,511

Compare at $10,203

2 stores
GIA | 2.3ct | Pear | K | SI2 | Very Good
Save 10.3%

GIA | 2.3ct | Pear | K | SI2 | Very Good

From $7,534

Compare at $8,402

3 stores
GIA | 2.3ct | Princess | K | VVS1 | Very Good

GIA | 2.3ct | Princess | K | VVS1 | Very Good

From $7,708

Compare at $8,051

2 stores
GIA | 2.3ct | Princess | L | VS1 | Excellent
Save 26.4%

GIA | 2.3ct | Princess | L | VS1 | Excellent

From $7,831

Compare at $10,640

3 stores
GIA | 2.3ct | Cushion | J | VVS2 | Excellent
Save 24.5%

GIA | 2.3ct | Cushion | J | VVS2 | Excellent

From $7,944

Compare at $10,525

3 stores
GIA | 2.3ct | Cushion | J | VVS2 | Excellent
Save 23.5%

GIA | 2.3ct | Cushion | J | VVS2 | Excellent

From $7,962

Compare at $10,409

5 stores
GIA | 2.3ct | Asscher | J | SI2 | Excellent
Save 11.2%

GIA | 2.3ct | Asscher | J | SI2 | Excellent

From $8,073

Compare at $9,092

2 stores
GIA | 2.3ct | Princess | K | VS2 | Excellent
Save 18.3%

GIA | 2.3ct | Princess | K | VS2 | Excellent

From $8,185

Compare at $10,018

4 stores
GIA | 2.3ct | Princess | L | SI1 | Excellent
Save 18.4%

GIA | 2.3ct | Princess | L | SI1 | Excellent

From $8,216

Compare at $10,064

3 stores
GIA | 2.33ct | Round | L | SI2 | Excellent
Save 31.3%

GIA | 2.33ct | Round | L | SI2 | Excellent

From $8,227

Compare at $11,967

4 stores
GIA | 2.31ct | Princess | J | SI2 | Good
Save 37%

GIA | 2.31ct | Princess | J | SI2 | Good

From $8,466

Compare at $13,430

4 stores
IGI | 2.3ct | Round | K | VVS1 | Ideal
Save 14.3%

IGI | 2.3ct | Round | K | VVS1 | Ideal

From $8,550

Compare at $9,980

2 stores
GIA | 2.31ct | Cushion | I | SI2 | Excellent
Save 27%

GIA | 2.31ct | Cushion | I | SI2 | Excellent

From $8,591

Compare at $11,770

2 stores
GIA | 2.3ct | Princess | E | SI2 | Excellent
Save 27%

GIA | 2.3ct | Princess | E | SI2 | Excellent

From $8,733

Compare at $11,960

2 stores
GIA | 2.3ct | Cushion | F | SI2 | Very Good

GIA | 2.3ct | Cushion | F | SI2 | Very Good

From $8,739

Compare at $8,992

2 stores
GIA | 2.3ct | Round | L | SI2 | Excellent

GIA | 2.3ct | Round | L | SI2 | Excellent

From $8,917

Compare at $9,529

2 stores
GIA | 2.3ct | Round | K | SI1 | Excellent
Save 22.6%

GIA | 2.3ct | Round | K | SI1 | Excellent

From $8,977

Compare at $11,595

5 stores
GIA | 2.3ct | Round | J | SI2 | Ideal
Save 19.7%

GIA | 2.3ct | Round | J | SI2 | Ideal

From $9,046

Compare at $11,270

5 stores
GIA | 2.3ct | Round | L | SI1 | Excellent
Save 22.5%

GIA | 2.3ct | Round | L | SI1 | Excellent

From $9,085

Compare at $11,716

2 stores
GIA | 2.38ct | Oval | K | VS1 | Excellent
Save 21.5%

GIA | 2.38ct | Oval | K | VS1 | Excellent

From $9,094

Compare at $11,582

6 stores
IGI | 2.32ct | Round | J | VS2 | Ideal

IGI | 2.32ct | Round | J | VS2 | Ideal

From $9,098

Compare at $9,510

2 stores
GIA | 2.32ct | Round | K | SI2 | Excellent
Save 22.6%

GIA | 2.32ct | Round | K | SI2 | Excellent

From $9,136

Compare at $11,800

4 stores
GIA | 2.3ct | Cushion | J | VS1 | Very Good

GIA | 2.3ct | Cushion | J | VS1 | Very Good

From $9,204

Compare at $9,899

2 stores
GIA | 2.33ct | Round | K | SI1 | Excellent
Save 21%

GIA | 2.33ct | Round | K | SI1 | Excellent

From $9,275

Compare at $11,745

4 stores
GIA | 2.32ct | Cushion | G | SI2 | Ideal
Save 26.1%

GIA | 2.32ct | Cushion | G | SI2 | Ideal

From $9,321

Compare at $12,607

2 stores
IGI | 2.31ct | Emerald | H | SI1 | Very Good
Save 18.9%

IGI | 2.31ct | Emerald | H | SI1 | Very Good

From $9,340

Compare at $11,511

3 stores
GIA | 2.3ct | Round | L | VVS2 | Excellent

GIA | 2.3ct | Round | L | VVS2 | Excellent

From $9,413

Compare at $9,897

2 stores
GIA | 2.31ct | Oval | K | VVS1 | Excellent
Save 20.4%

GIA | 2.31ct | Oval | K | VVS1 | Excellent

From $9,415

Compare at $11,833

3 stores
GIA | 2.3ct | Round | K | SI1 | Excellent
Save 20.2%

GIA | 2.3ct | Round | K | SI1 | Excellent

From $9,470

Compare at $11,874

4 stores
GIA | 2.3ct | Round | L | VS1 | Ideal
Save 12.5%

GIA | 2.3ct | Round | L | VS1 | Ideal

From $9,574

Compare at $10,943

2 stores
GIA | 2.3ct | Cushion | J | VS1 | Excellent
Save 15.8%

GIA | 2.3ct | Cushion | J | VS1 | Excellent

From $9,590

Compare at $11,392

4 stores
GIA | 2.37ct | Round | L | IF | Ideal
Save 27.2%

GIA | 2.37ct | Round | L | IF | Ideal

From $9,622

Compare at $13,225

4 stores
GIA | 2.3ct | Emerald | L | VVS1 | Very Good
Save 22.7%

GIA | 2.3ct | Emerald | L | VVS1 | Very Good

From $9,829

Compare at $12,713

2 stores
GIA | 2.3ct | Round | K | SI1 | Excellent
Save 20.9%

GIA | 2.3ct | Round | K | SI1 | Excellent

From $9,849

Compare at $12,445

6 stores
IGI | 2.32ct | Emerald | I | VS1 | Very Good
Save 14.6%

IGI | 2.32ct | Emerald | I | VS1 | Very Good

From $9,935

Compare at $11,630

3 stores
GIA | 2.3ct | Cushion | F | SI2 | Excellent
Save 36.8%

GIA | 2.3ct | Cushion | F | SI2 | Excellent

From $9,979

Compare at $15,790

4 stores
GIA | 2.39ct | Cushion | I | VS1 | Good

GIA | 2.39ct | Cushion | I | VS1 | Good

From $10,038

Compare at $10,882

3 stores

Entry pricing in this category starts around $889.

What to Know When Shopping for 2.3 Carat Natural Diamonds

  1. Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $66,520 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 $19,640 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.

Frequently Asked Questions

We currently track 631 comparable stones in this segment. Prices start around $889 and go up to $67,409.

Based on the latest market data, the average asking price is about $20,792 with a median around $19,640.

The observed spread is roughly $66,520 across tracked listings, which is about 98.7% 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 $20,792. The median price is $19,640, 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 9 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 $66,520 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 2.3 carat all-shape diamonds.