Live & Online Auctions
You will need to register at the auction with government photo identification. You will then be given a bid number which you will use to bid on your desired items.
An item will be displayed at the auction and the auctioneer will ask a price; if you are willing to give that price, then raise your bid number. The auctioneer will acknowledge your bid and ask for the next highest bid from those attending the auction. If another bidder then bids, you will be given an opportunity to bid again. If you are the highest and final bidder, you have successfully purchased the item. The final bidder has entered into a legal contract for the purchase of the item upon completion of the bidding for that item (when the auctioneer says “sold”). When you are done bidding on all your items, you will need to pay your bill at the cashier.
You may pay with a check (pre-approved), cash or credit card (only at auctions held in our auction showroom). You must pay the day of the auction and prior to removing your items from the showroom. Jacksons Auction Company charges a 15% buyer’s premium (20% online) on top of the final bid (see buyer’s premium). The State of Indiana does not require sales tax at on-location estate sale auctions, but it is required at most of our showroom auctions.
Create an Account
Jacksons Auction Company uses online (Internet) bidding for many of our auctions. Auctions that offer online bidding will provide a link in the auction announcement on our Web site that will take you to our online (Internet) bidding partner. You will find instructions and registration information on their site, and you can then bid from the comfort of your own home or office.
Absentee & Phone Bidding
If the item you are interested in purchasing has an estimated value of more than $500.00, you can request to bid on the item over the phone during the auction. Up to three (3) phone bidders are able to register on any one item in an auction.
You can become a registered phone bidder by contacting us at (317) 797-2117 before the auction. During the auction, one of our auction assistants will contact you and assist you with bidding via the phone during the sale of your requested item.
You are also welcome to leave an absentee bid. Please see our Absentee Bidding Form for instructions.
What is a buyer’s premium?
The buyer’s premium helps us to serve you better by ensuring the finest merchandise for auction. This also helps us quarantee the quality and safe handling of your items. A 15% buyer’s premium (20% online) is added to your final hammer price.
Terms & Conditions
All items should be secured when the auctioneer says, “Sold”. Please pay for the items before removing them from the auction showroom.
All items are to be paid for in full on the day of auction- or within 24 hours of the auction’s conclusion if arrangements have been made.
Forms of payment accepted are cash, check with proper ID, MC, Visa, American Express and Discover. Terms for out-of-state buyers are cash or cashier’s check unless a personal check is pre-approved by Jackson’s Auction Company.
If a large item cannot be moved on the day of the auction, it must be loaded out on the Monday following the auction, between 1:00 and 5:00 PM. If this is not a possibility, the buyer must make arrangements with Jackson’s Auction Company.
Absentee bids will be accepted by fax or email. These bids must be received by 8:00 PM (Eastern Standard Time) on the Friday prior to the auction. Bids may be faxed to (317) 602-6299 or emailed to [email protected]. Phone absentee bids will be accepted until 9:00 AM (Eastern Standard Time) on the day of the auction. Call (317) 797-2117 to arrange a phone absentee bid. Absentee bids left in person during the auction should be given to a member of the auction staff.
A 7% sales tax will be charged on all purchases unless the buyer is a dealer possessing a retail merchant’s certificate on file with Jackson’s Auction Company.
A 15% buyer’s premium (20% online) will be added to the hammer price when settlement is made on all purchases either by absentee bid or live bids at the auction.
Any disputed or tie bids will be handled by the auctioneer on the block. His or her decision is final.
All items sell in “as is” and “as found” conditions. Please inspect each lot before bidding.
Auctioneers will try to call any damage to an item. However, no item is to be returned after the auctioneer says, “Sold”.
We are available to assist you at every stage of the buying process.Email