Jackson’s auction

 

 

 

 

Jackson’s auction

 

 

 

 

 

Vasilenko Christina

Group 5512

 

 

 

History:

Founded in 1969, Jackson’s International Auctioneers and Appraisers has grown to become one of the nation’s premier service providers for the sale and appraisal of antiques and fine art.

Jackson’s employs an abundant staff of dedicated experts, working in state-of-the-art facilities and supported with the best resources available in the auction industry today. These resources are focused to achieve one goal: superior results for our clients. Our tradition of excellence allows sellers to consign with assurance and buyers to bid with confidence.

Jackson’s is dedicated to presenting its clients a full range of auction and appraisal services and is committed to addressing their needs by giving equal consideration to single objects, entire estates or complete collections. Both the buyer and the seller are important to us. With more than a quarter-of-a-century in the auction and appraisal business, we are confident in our ability to serve the first-time buyer or seller as well as the seasoned auction participant.

Jackson’s sells and appraises millions and millions of dollars of fine art and antiques each year, serving the global art and antiques market from headquarters in Cedar Falls, Iowa.

What Jackson’s auction sells?

American Fine Art, Decorative Arts, European Fine Art, Furniture and lamps, Old master and Oriental Works, Native American and Western works, Toys, dolls and comics, Russian Works, Stamps and postcards, Jewelry, Silver and Coins

Overview

Each year, our Appraisal Department prepares numerous appraisals for estate tax or insurance purposes. The appraisers at Jackson’s have served the needs of banks, attorneys, estate managers, private individuals, collectors, museums, government agencies and universities for the past 25 years. Our appraisers are experienced in evaluating a variety of objects. Whatever the purpose, the appraisers at Jackson’s are well-equipped to give an accurate, properly-documented appraisal.

Commissions, Fees and Consignor Payments

Jackson’s sells property for consignors on a commissioned basis. The commission is based on a per item sliding scale and ranges from 5% to 30%. Jackson’s is very competitive and for exceptional quality items will meet or beat any comparable rate. Payment is made to consignors within thirty (30) days of the auction. For those who prefer not to consign at auction, Jackson’s can often offer assistance in arranging to sell items privately.

Financial Services

In certain cases, Jackson’s can provide the seller with an advance on consignments. These advances consist of cash up front with the balance available after the consigned items are sold. To learn more about financial arrangements, contact our client services director.

EXHIBITION

To accommodate prospective Buyers, all items offered for sale are available for viewing the Saturday and Sunday prior to the auction from 10am-5pm and Monday the day prior to the auction from 9am-8pm. Auctioneer encourages all prospective Buyers to personally inspect or have their agent inspect property before bidding to determine its condition and whether or not it has been restored, repaired or altered.

CONDITION OF LOTS

All items are sold “AS IS” and there will be no returns based on condition. The items sold are often of considerable age and will exhibit wear, usage and damage often not listed in the catalog entry. The absence of condition remarks in the catalog entry DOES NOT mean the item is in perfect condition. Prospective buyers are in ALL CASES responsible for determining the physical condition of lots. Condition reports are available upon request from Auctioneer. However, neither Auctioneer, his or her employees or agents is authorized to make on Auctioneer's behalf or on that of the Consignor any representation or warranty, oral or written, with respect to any property. Therefore, if a prospective bidder has not examined the property to their satisfaction before the sale, or his/her agent has not inspected the property, Auctioneer recommends that they not bid on the property. All dimensions are approximate. The condition of frames is not guaranteed.

 

BIDDING

All bidders are required to register for the auction. Bidders may register during viewing, on line or during the auction. There is no charge for registration. All lots will be sold in numerical order according to the printed catalogue and approximately 100-120 lots will be offered per hour. If you are unable to attend the auction in person, but wish to participate, Auctioneer offers two convenient ways for you to do so: absentee bidding and telephone bidding. Absentee bids & telephone bids will be executed only with a signed bid form.

TELEPHONE BIDDING

All arrangements for telephone bidding should be made as early as possible. Phone bidding will not be accepted for items valued under $500 and you must be willing to bid at least up to the low estimate. A representative will call you approximately 2-5 minutes prior to desired lot being offered. Incoming calls will not be accepted. Phone space is limited, so telephone bidding is offered on a first-come, first-served basis. All telephone bid requests must be received in writing by 12:00 noon the day before the start of the sale. Phone bids will be executed only with a signed bid form and 20% deposit.

SUCCESSFUL BIDS

Successful bidders will be notified and invoiced the week following the sale. All bidders will receive a list of sale results if they purchased the sale catalog or enclose a stamped self-addressed envelope with their absentee bid form.

SHIPPING

All successful absentee bidders may request a shipping quote to be sent with their invoice. This shipping quote includes the cost of standard shipping as well as charges for materials and labor. Please indicate any special shipping instructions on the bid form. Purchases paid by personal check will not be shipped until funds have cleared Auctioneer's bank.

PAYMENT (IMMEDIATE PAYMENT IS REQUIRED)

A 25% Buyer's Premium is added to the hammer price of each item sold. Payment made by irrevocable wire transfer may incur a processing fee. For bidders whose credit has not yet been established with our firm, you may apply for a check acceptance account by filling out a credit information sheet available from our Accounting Department. This should be done prior to the sale. All property must be paid for within seven (7) business days after auction unless otherwise arranged with an authorized staff member. In the event of nonpayment, your signature on bid form is authorization to charge your credit card for purchases and all additional charges, including the standard Buyer’s Premium. Auctioneer may impose, and the purchaser agrees to pay, a 1.5% per month late charge on the total purchase price on invoices that are outstanding over thirty (30) days after the date of the sale.

OUR FEES

Jackson’s sells property for consignors on a commission basis. This commission rate varies from 5% to 30%, based on the value of items being sold. Jackson’s is very competitive and for exceptional quality items will meet or beat any rate.