2 Carat Diamond Price · South Africa · Landed Rand Price
2 carat diamond price in South Africa
For 2 carat diamonds in South Africa, our 8 September 2026 sample had a median of R300 500 at H colour. The middle half of sampled prices was R285 600–R357 100. This compares 1.95–2.09 ct stones at VS1–VS2 clarity, with an Excellent cut filter and no fluorescence. VAT and delivery for the loose stone are included; a setting is additional. Confirm the current price for your chosen diamond.
See current 2 carat diamond prices Get a firm 2-carat quote → Email Darren directly →
What we can tell you plainly is how the price is built, why a slightly shy 1.90 ct stone is so often the value move, and how to get your exact figure, firm, in writing, before any work begins. Natural diamonds only.
What a 2 carat diamond costs in South Africa
In our 8 September 2026 sourced-price sample, a 2 carat diamond at D colour had a guide price of R477 900 and a J around R198 300. The broader selection at H colour or better, VS2 or better and an Excellent cut filter had a guide price of R419 600. Figures include VAT and delivery for the loose diamond; a ring or other setting is additional.
The same spec varies enormously, and you should expect that. At F colour, the middle 80% of the sampled prices ran from R362 200 to R576 400. These are percentile boundaries, not the cheapest and most expensive available stones. A guide helps set a budget; the individual diamond needs its own quote.
What separates them is the part a grading report summarises rather than settles: how well the stone is actually cut and how much light it returns, where the inclusions sit and whether the eye can find them, how strongly it fluoresces, how the outline is proportioned, and how keenly that particular stone happens to be priced against the international trade benchmark on the day. Weight and colour are two inputs out of a dozen.
2 carat diamond price by colour
A fair colour comparison has to hold everything else still, so this is VS1 to VS2 clarity, an Excellent cut filter and no fluorescence. The weight band is 1.95–2.09 ct. Typical is the median of the captured sample: half the sampled prices are lower, half are higher. A limited sample is labelled separately. Moving from D to J changes the typical price by about R279 600.
| Colour | Typical | Middle half falls between | At capture | |
|---|---|---|---|---|
| D | R477 900 | R434 600 to R524 000 | 184 | Check this spec → |
| E | R457 500 | R398 100 to R512 500 | 202 | Check this spec → |
| F | R436 700 | R365 900 to R515 500 | 209 | Check this spec → |
| G | R378 200 | R338 400 to R439 300 | 308 | Check this spec → |
| H | R300 500 | R285 600 to R357 100 | 319 | Check this spec → |
| I | R244 100 | R232 900 to R276 300 | 299 | Check this spec → |
| J | R198 300 | R191 500 to R223 000 | 271 | Check this spec → |
2 carat diamond price by clarity
Held at H colour within 1.95–2.09 ct. Cut and fluorescence can still vary in this selection. Ask to see the individual stone: an SI1 grade alone does not establish whether inclusions are visible.
| Clarity | Typical | Middle half falls between | At capture | |
|---|---|---|---|---|
| VVS1 | R362 600 | R325 000 to R431 400 | 100 | Check this spec → |
| VVS2 | R347 800 | R312 000 to R398 600 | 114 | Check this spec → |
| VS1 | R333 000 | R297 600 to R379 800 | 212 | Check this spec → |
| VS2 | R301 700 | R284 700 to R359 400 | 241 | Check this spec → |
| SI1 | R268 100 | R256 200 to R325 600 | 271 | Check this spec → |
Dated price guidance from sourced listings. These figures were captured on 8 September 2026. They describe sampled prices, not stock held in Bedfordview or a guarantee that a particular stone remains available.
Use the typical price and middle-half range together when setting a budget. Where too few prices were returned, the table labels a limited sample and omits the range. Confirm the current price and availability before deciding.
No two of these diamonds are the same
A table like this describes a market, not a stone. Treat every figure as the shape of what is available at that spec, not a price list and not a promise. A grading report identifies the stone and its grades; the price appears in your written quote for the diamond you choose.
We benchmark every stone against the trade list before we put it in front of anyone, and we would rather lose a sale than sell you one we would not buy ourselves. Come and talk to us and we will often do better than the table, because a real stone is priced on its own merits.
Price sample captured 8 September 2026. Typical is a sample median; the middle-half band is the sampled 25th to 75th percentile. Limited samples use the lower-priced listings returned and should not be read as a market median. Guide figures are rounded up to the next R100.
Ask us about a 2 carat diamondCheck current 2 carat diamonds →
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Natural diamonds only
We sell natural diamonds and diamond-set jewellery. Ask us about the grading report and available origin documentation for your chosen stone. Why we don’t sell lab-grown →
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Independent grading reports
The grading laboratory is shown per stone. Review its report and the individual diamond before choosing; sourced examples can include GIA, EGL and IGI.
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Insured delivery, SA & worldwide
Overnight across South Africa via Brink’s, G4S or our nominated jewellery courier. Insured worldwide dispatch via Ferrari Group and FedEx Custom Critical.
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14-day in-person exchange
In-person sales at the viewing room come with a 14-day exchange courtesy on stock pieces. Distance-sale CPA cooling-off applies.
How to compare 2 carat diamond prices
The dated prices above describe a specified sample of natural diamonds. A 2 carat weight alone does not determine a quote. Compare shape, cut, colour, clarity, laboratory, fluorescence and measurements, then the full VAT-inclusive price of the actual stones.
Compare 1.80 or 1.90 carats before choosing the full 2
Popular weight thresholds can carry a price premium. A stone just below the weight you searched for may offer a useful alternative, but there is no fixed saving or promise that two weights will look identical. Compare their millimetre dimensions and appearance alongside their prices.
A 2 carat round brilliant is typically around 8.0–8.2 mm across. This is an orientation figure: use the chosen diamond’s report for its actual dimensions. Shape, depth and setting also affect its presence on the hand.
Choose the appearance, then compare the grades
- Cut and shape: compare the individual stone’s proportions and appearance. GIA’s overall cut grade applies to standard round brilliants in the D-to-Z colour range. Fancy shapes require their own assessment.
- Colour: compare the diamond in the metal and setting you intend to use. The grade is useful, but the colour you notice is a personal choice.
- Clarity: inspect visible inclusions, their position and any durability concerns. A VS or SI label alone does not establish that a stone is eye-clean.
- Carat and dimensions: weight is not face-up width. Compare the measurements on each report alongside the price.
Use our 4Cs guide and report-reading guide to prepare a shortlist. Ask to see available images or arrange a viewing.
Rapaport is a benchmark; your quote is for an individual diamond
The Rapaport Price List gives benchmark asking-price indications in US dollars. It is not a record of completed transactions or a universal consumer price. The actual stone, supply costs, exchange rate and seller’s terms affect a rand quote. Check all inclusions rather than comparing a discount percentage alone.
Prodiam cuts diamonds at Procut DCW and also sources polished stones through the certified trade. Buying directly does not establish a fixed saving against another seller. Compare the report, stone and complete VAT-inclusive quote. A ring setting and making are additional to a loose-diamond price: our quote comparison guide shows what to check.
What moves the price of a 2 carat diamond
Use these factors alongside the dated sample above. The current quote must identify the actual diamond, its grades and all price inclusions.
| Factor | How it moves the price |
|---|---|
| Cut grade | Compare cut quality and appearance on the actual stone. GIA’s overall cut grade applies to standard round brilliants in its D-to-Z range. |
| Colour grade | Colour can change the price at comparable grades. Compare the appearance in your intended setting and the actual quotes. |
| Clarity grade | Higher clarity can command a premium. Inspect the individual inclusions; a grade alone does not guarantee an eye-clean stone. |
| The 2.00 ct threshold | Compare 1.80 or 1.90 carat alternatives at similar shape and grades. A lower weight may cost less; check dimensions and appearance rather than assuming an identical look. |
| Rapaport list movement | A benchmark of asking-price indications, not completed transactions or the final price of every stone. |
| Rand-dollar exchange rate & VAT | Exchange rates and supply costs can affect the rand quote. Compare VAT-inclusive prices and confirm delivery and other inclusions. |
| Fluorescence & finish | Assess fluorescence, polish and symmetry with the individual diamond’s appearance and report; do not infer a fixed discount or resale value. |
| Supply route | Cut in-house at Procut DCW, or sourced to order from the certified trade. Compare complete quotes; the supply route alone does not prove a saving. |
Lab-grown vs natural at 2 carats, and what we sell
Two carats is the size at which the natural-versus-lab-grown decision confronts you most starkly, because it is where the rand gap is widest in absolute terms. A two-carat lab-grown diamond is advertised at a small fraction of what a natural two-carat stone costs, and that gap keeps widening as lab-grown production scales, so the larger the stone the more the two paths diverge in both price and in how each is likely to hold its value.
Lab-grown stones are real diamonds, chemically identical to mined ones, and a perfectly legitimate choice; they are simply a different product on a different value trajectory, and we are straight about which one is on our bench.
Prodiam works in natural diamonds only. If you are weighing the two at a size where the difference runs to many thousands of rands, we will lay the pros and cons out fairly rather than steer you; our natural versus lab-grown comparison sets out the differences honestly so you can settle the question before you ask us for a figure.
How to get your exact 2-carat figure
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See live prices
Open the diamond search to see fully-landed ZAR prices and filter to your exact carat, colour, clarity and GIA Excellent cut. Include slightly shy weights, around 1.90 ct, in your filter, the value is often there.
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Tell us the spec
Send your target grades and budget, or just say “a near-colourless, eye-clean two-carat round, and show me the shy weights too” and let us interpret it. We respond within 24 hours, by email, video or WhatsApp.
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Firm quote in writing
We quote your chosen stone firm, in ZAR, including VAT, priced against the Rapaport list for the two-carat band and after the day’s dollar conversion, a real number for a real stone, not a range. Set it beside any retail quote for the same four grades and the cutter-direct gap at this size speaks for itself.
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Verify the certificate
Check the GIA report number yourself against the GIA report-check service. At two carats this step matters more than ever: the grades on the paper are the grades you are paying a large premium for.
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Buy loose or as a ring
Take the stone as a loose diamond or have it set into a bespoke engagement ring. Delivered insured and overnight nationwide via Brink’s or G4S, with a written insurance valuation.
We are a director-led South African diamond dealer and cutting house, not a shopfront marking up someone else’s stones, and a two-carat purchase is exactly where that structure pays you back most.
If you want the honest answer on what your two-carat diamond should cost, the fastest route is to see the live prices and then ask Darren for a firm quote; he will come back within 24 hours. For the size below this one, our guide to one-carat diamond prices walks the same ground, and how diamonds are priced in South Africa covers the mechanism across every weight.
2 carat diamond price: common questions
How much does a 2 carat diamond cost in South Africa?
For 2 carat diamonds in South Africa, our 8 September 2026 sample had a median of R300 500 at H colour. The middle half of sampled prices was R285 600–R357 100. This compares 1.95–2.09 ct stones at VS1–VS2 clarity, with an Excellent cut filter and no fluorescence. VAT and delivery for the loose stone are included; a setting is additional. Confirm the current price for your chosen diamond.
Why do 2 carat diamond prices vary?
2 carat describes the weight. Shape, cut, colour, clarity, fluorescence, grading laboratory and the individual stone affect its price. Use the dated sample above for context, then compare current VAT-inclusive quotes for closely matched diamonds. A jewellery setting is additional.
Is a 2 carat diamond twice the price of a 1 carat diamond?
At comparable grades, a two-carat diamond can cost more than twice a one-carat diamond because the larger stone may command a higher price per carat as well as weighing twice as much. The actual difference depends on the stones. Compare current quotes at similar colour, clarity and cut rather than applying a fixed multiplier.
What does a 2 carat diamond look like, and how big is it?
A two-carat round brilliant looks substantial on the hand and reads clearly as a large stone across a room. A well-cut one-carat round brilliant measures roughly 6.5 mm across the top; a two-carat round is not double that width, because weight grows with volume rather than diameter, so it sits at roughly 8 to 8.2 mm across a well-proportioned stone.
The presence on the finger is dramatic, but the face-up size is governed by the cut: a deep, poorly proportioned two-carat stone hides weight underneath and can look no larger than a shallow 1.7 ct, which is one more reason cut is the grade to protect first at this size.
What 2 carat diamond specification gives the best value in South Africa?
Start with the appearance you want and your total budget. For a round brilliant, compare the cut grade and actual dimensions; for a fancy shape, assess its proportions and appearance. Compare colour and clarity in the intended setting, and request images or a viewing to assess visible inclusions. A clarity grade alone does not guarantee an eye-clean 2 carat stone.
Is a 1.90 carat diamond better value than a full 2 carat?
A diamond below a popular weight threshold can cost less, but the saving is specific to the diamonds being compared. Compare 1.80 or 1.90 carat options with the full 2 carat weight at similar shape and grades. Check millimetre dimensions, appearance and the complete price; the weights need not look identical, and there is no fixed saving.
Can I get a 2 carat diamond price if I am not in Johannesburg?
Yes. Send your 2 carat specification and budget, and ask for the actual stone’s laboratory report and available photographs or video. Confirm the VAT-inclusive written quote, availability, sourcing lead time and insured delivery before committing. A complete ring also needs an agreed setting and production timeline.
Last reviewed: June 2026.