Our live jewellery auctions let you bid for certified lab grown diamond jewellery in 925 sterling silver rather than simply buying it at the listed price. Each auction puts a single piece on offer for a fixed window of time, with its opening price, bid increment and maximum retail price shown on the auction page. Bidding is open to anyone eligible, and there is no limit on how many bids you place.

How Our Live Jewellery Auctions Work

Bidding starts at the stated opening price and rises in set increments, with each bid needing to beat the current highest by at least one step. Only the leading bid and bidder name are shown publicly. An auction ends either when its timer runs out or the moment a bid reaches the piece's maximum retail price, at which point that bidder wins. The clock is fixed, so late bids do not extend it.

Winning and Paying

The winner is contacted using the details given at bidding and has twelve hours to complete the purchase on our website, paying the winning bid plus a flat Rs 100 shipping charge and applicable taxes. If that window passes without payment, the piece rolls down to the next-highest bidder at their own bid price, with a fresh twelve hours. There is no penalty for not paying; you simply forfeit the piece.

What You Are Bidding On

Every piece is genuine SparQ jewellery with certified lab grown diamonds, and anything won carries the same warranty, returns and buyback entitlements as a standard order. You must be 18 or over and able to contract under Indian law. Full rules are set out in our Bid and Win auction terms, which are worth reading before your first bid.