International auction house Christie’s is currently holding its first ever dedicated diamond sale that is taking place online only.

The company, founded in Britain in 1766, opened bidding in the ‘Jewels Online: Summer Sparkle’ sale last week.

The last bids will be taken on 27 August, beginning at 10am ET.

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The auctioneer reports that the top lot of the collection is estimated at $300,000-400,000 (£228,000-304,000).

It is a 20.21 carat pear-shaped yellow-brown diamond mounted in a necklace framed by round diamonds and suspended from a graduated diamond necklace by Graff.

Each category of jewellery is represented, Christie’s said, including diamond rings, statement chandelier earrings, and impressive necklaces.

Since lockdown began, online sales and auctions have experienced a boom as consumers wait for their favourite stores to reopen, with many auctioneers reporting record sales.

In May Christie’s hit a new milestone for the industry, announcing the sale of the largest D colour diamond ever auctioned online. Read more below:

Christie’s prepares to sell largest D colour diamond ever auctioned online