The synthesis of colloidal quantum dots of mercury selenide using mercury oxide as a precursor is proposed. The proposed method is characterized by the use of a less toxic component in the reaction mixture - mercury oxide. The transmission electron microscopy method established an average diameter of 5–6 nm and the shape of quantum dots. A histogram of the size distribution of synthesized nanoparticles is presented. An important property of the synthesized nanoparticles is the crystal structure established by X-ray diff raction analysis.