He
who has diamonds to art
to sell
and goes and whispers in a well,
is not so apt to get the dollars
as he who climbs a tree 'n hollers.
Well ... we're a hollerin'

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Where Are You Located?
Your advantage is having
the use of a Senior Gemologist and a Graduate Gemologist. In addition Mackley & Company's Certified Gemological
Laboratory (AGA) is furnished with a state-of-the-art
gemological equipment for the indentification of natural,
synthetic and treatmentments used to alter the appearance
of gems.
Mackley & Company is
dedicated to the practice of quality gemological services
assuring customers' and clients' expert service, utilizing
professional ethics and knowledge. Joe Mackley primarily
oversees the appraisal, liquidation, estate buying and
the technical phase. Suzanne Mackley is our office manager
and the glue that holds this business together. She insists
she is not the secretary and many people are amazed we
run a marriage and a business together. Several years
ago Darryl Mackley (son) joined us and he is now the president
of this firm. He runs the retail sales division selling
quality to the men and women looking for that special
item. Now with the additional showroom added, he is the
new jewelry and diamond buyer and the mounting specialist.
All auction merchandise can be seen online by digital
image or at our physical showroom location . . . 9724
Kingston Pike, Suite 1012, Knoxville, TN.
We encouraged you to preview in person or if that is not an option please ask any questions you may have.
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Can I Trust Mackley & Company?
Our
mission is to build your trust with integrity. Our goal
is to describe an item so you will know what you are bidding.
Anyone can sell something once, but we want your business
after that first sale. So, we are always selling for that
next sale. We encourage your asking questions and will
tell you the truth. Our trust with you is only gained
by our deeds.
We suggest you try a small
item first before bidding on larger or more expensive
items. Then ask yourself . . . did the fund transaction
work? Was the shipping OK? Does it match the description?
Was it fun? Our customers will tell you what you need to know. So, check out their testimonials.
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Is There a Guarantee?
The jewelry comes from various
estates and properties and is described with a guarantee
of authenticity regarding the description of gemstones and
precious metal. Each
brief description is dependable as all gemstones and precious
metal have been tested if listed. Aggregate gram weights
are listed when important. Any claim to rarity, importance,
provenance, period, condition, wear ability, function, or
otherwise, is sold ‘as is’. Mackley & Company,
nor the consignors make any guarantee, warranty or representation
expressed or implied with respect to the item of purchase
other than its brief written description. The disclosure
of treatment is important and one must preview this list
in order to be properly informed of treatment, however,
limitation on the gem material is based on the unseen and
difficult to test due to being mounted. You agree to indemnify,
defend and hold harmless Mackley & Company, and any
of its affiliated, related entities, officers, directors,
employees, agents or representatives, from any and all third
party claims, liability damages and/or costs or expenses,
including, but not limited to, attorneys' fees, arising
from your use of this site or services, or the use of the
site or services by any other user of your account, your
breach of any of these terms and/or conditions, or your
infringement of any intellectual property or other right
of any other party.
This is a real auction. Successful bidders will have 5 days
to return the item for full refund (less the shipping) only if the item was not as described and it is returned as originally
shipped by Mackley & Company. Those wishing to return,
must get approval first . . .
Not as described is not what is left out, but means if the
description is false. Example: If the description calls
an item 14k but it is actually 10k then this is returnable.
But, if the description did not say white gold when you
thought yellow gold, then this is not returnable. You
may, and are encouraged to ask questions. |
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What Are The Conditions of Sale?
Registration
To register for this auction, you must provide your full name,
telephone number, e-mail address, physical address and other
requested information. By submitting any information during
registration or order (absentee) bidding, the user represents
and warrants that all such information is true and accurate,
is not fraudulent, does not infringe on any third party, intellectual
property or other right, does not violate any law, statute,
ordinance or regulation, is not defamatory or libelous, and
does not contain any information or data that is intended
to damage, interfere with intercept or expropriate any system,
data or information.
Bidding
By bidding at an auction, whether present or by agent, order
(absentee) bid, telephone, online, etc., the bidder and purchaser
agrees to acceptance of the Conditions of Sale. All other
terms announced at the time of the sale shall be deemed to
have consented to the jurisdiction of the state courts, and
the federal courts in the State of Tennessee. You agree to
indemnify, defend and hold harmless Mackley & Company
and any of its affiliated, related entities, officers, directors,
employees, auctioneer, agents or representatives, from any
and all third party claims, liability damages and/or costs
or expenses, including, but not limited to, attorneys’
fees, arising from your use of this site or services, or the
use of the site or services by any other user of your account,
your breach of any of these terms and/or conditions, or your
infringement of any intellectual property or other right of
any other party. If you do not agree to such terms and conditions,
DO NOT bid and you are prohibited from bidding. Minors and
all others lacking legal capacity to enter into binding contracts
are prohibited from bidding on the property offered for sale.
Your bidding acknowledges your acceptance of these conditions
of sale. Bidders shall rely upon their own inspection, or
questions, prior to the placing a bid.
Minimum Bids
Lots are offered subject to a minimum bid. Each minimum bid
represents a value for that particular lot. If the minimum
is not met, it will be passed. Bids lower that the asked minimum
will be at the sellers discretion. All bids will be in whole
dollars. Minimum increments will be set by Mackley & Company.
< $100 minimum increment is $5;
$100 to <$500 minimum increment is $10;
$500 to <$2,500 minimum increment is $25;
$2,500 to <$5,000 minimum increment is $50;
$5,000 and above, the minimum increment is $100.
Order (Absentee) Bids
Any order or absentee bid submitted to Mackley & Company
verbal (telephone) or in writing (website or in person) within
a reasonable time prior to an auction for carrying out the
bid shall be executed by Mackley & Company. Mackley and
Company shall not be responsible for failing to carry out
such bids or for errors relating to its execution or for catalog
errors and omissions.
Property
The items come from various estates and properties and is
described with a guarantee of authenticity regarding the description
of gemstones and precious metal. Joseph Mackley, of Mackley
& Company, is an Accredited Senior Appraiser of Gems and
Jewelry with the American Society of Appraisers and has earned
the highest level of attainment as a Master Gemologist Appraiser.
All gemstones and precious metal have been tested if listed.
Aggregate gram weights are listed when important. Any claim
to rarity, importance, provenance, period, condition, wearability,
function or otherwise is the responsibility of the bidder.
All property is sold ‘as-is’.
Withdrawals
Catalogued items intended for auction can be subject to prior
sale. If that is the case, we simply state that item has been
withdrawn.
Guarantee
Mackley & Company, nor the consignors make any guarantee,
warranty or representation expressed or implied with respect
to the item of purchase other than its brief written description.
Successful bidders will have 5 days from the date of the auction
to return the item for full refund (less the shipping) only
if the item was not as described and it is returned as originally
shipped. Mackley & Company will be the final moderator
on this matter. (Those wishing to return must first get approval.)
Not as described does not mean omission, but it means if the
description is false. Example: If the description calls an
item 14k but it is actually 10k then this is returnable. But,
if the description correctly stated white gold when you thought
yellow gold, then this is not returnable.
Payment, Buyers Premium, Sales
Tax and Failure to Pay
Payments can be in the form of cash, bank charge or debit
card. The highest successful bid becomes the purchase price,
plus any disclosed buyer’s premium, plus Tennessee sales
tax (unless exempt by law). Out of state absentee bidders
taking possession outside the state are exempt from the sales
tax. All successful bidders are expected to pay prior to or
at the conclusion of the auction. Tennessee purchases for
resale must execute a Certificate of Resale from the Tennessee
Department of Revenue. Failure to furnish this information
will require payment of Tennessee State and local sales tax
on all purchases.
Title
At the close of bidding, title to the offered lot will pass
to the highest bidder, subject to the bidder thereupon assuming
full risk and responsibility for the lot, and the payment
of the full purchase price.
Absentee bidding in a called
auction
There may be a reserve on an item. Any one bidding online
prior to the deadline of accepted bids will compete in the
local called auction by absentee. The auctioneer on behalf
of the bidder will enter any absentee bid. In the event the
bidder in attendance has overbid the absentee bidder, then
the bidder in attendance will have the final bid.
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How Does One Participate?
Read the Conditions
of Sale and agree.
Register for the auction.
This information is then filed and your e-mail address
is utilized as information for current and future auctions.
It is privacy protected.
Once the bid form appears,
one may begin to bid. Complete the form in its entirety.
The auction is over as stated atop each auction page.
In the online auction
it is possible some items can be purchased prior to the
reference stated date on a first come, first served basis.
This is noted in the catalog as 'buy'. The 'buy' is provided
only on items when the consignor contracts this service.
Catalogued items intended for auction can be subject to
prior sale by Mackley & Company. If that is the case,
we simply state that item has been withdrawn.
In the online auction,
every item has a minimum open to start. Any bid less than
the open or the successive minimum increments is a bid
in futility.
All bidders must adhere
to the Conditions of Sale.
It is the bidders reponsibility
to keep up with their bid. Questions are encouraged.
Complete bidder identity
will not be revealed. If you chose to bid anonymously,
your bid will not be entered.
Successful online bidders
will be notified by e-mail with totals including any insurance
and shipping fees, etc. with options for payment.
Successful online bidders
are expected to pay within 24 hours. Local bidders must
pay at the conculsion of the auction.
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What are
the different types/styles of bidding?
Online bidding is posted
online manually NOT automatic; (exception is the local
auction where only final bids are posted). Usually a minimum
of twice a day and once in the evening. Also if the online
staff is away from the computer for more than a day, a
notice is posted on the bid form and a request for your
patience in the bid posting is requested. Please note:
on the last day of the auction the online staff cannot
keep up with the bids flooding in one hour prior to the
close of the auction. So, we just collect the bids, declare
the auction over and then process the bids with priority
given to earliest bid in. Bids are then posted as final
bids. It is suggested to use only soft bids during the
last hour of the sale.
Types of bids - Hard
or soft?
A hard bid is your actual bid. It bids its full value.
If you do not specify then this
is the bid you are making.
A soft bid is the bid you are willing to go. Mackley
& Company will bid for you in your absence so you
do not need to watch the bid.
Strategy - Make a soft
bid by keeping in mind the minimum increments for the
item you wish. Example: The bid is currently at $50.00
with minimum increments of $5. Should you decide you are
willing to go to $100.00 This means in the event another
bidder places a bid against your bid, your soft bid will
immediately become the next increment up to that $100
bid. So, if the other bidder says $55.00 then you immediately
become $60.00. This is used in your absence of watching
the bid. This sequence continues until you have the item
(up to the $100.00 soft bid) or you are outbid. If the
bid is $50.00 and you make a soft bid of $60.00 then your
soft bid is defeated. We bid $60.00 for you to allow for
your soft bid. It is suggested to make your bid a minimum
of three or more increments over the current bid to get
the best effect.
The best use of a soft bid is to allow other possible
increments between your hard bid and soft bid. Your (hard)
bid will always compete at its actual bid level and your
(soft) bid will always compete at the lowest level possible. Keeping up with your bid is your responsibility. This is done simply by watching the item and its posted
bid. If you are a absentee bidder, the hour before the
auction closes must be the result of your soft
bid as Mackley & Company is usually not posting bids
due to a fury of bidding and our human inability to keep
up. When bidding a soft bid please allow for a bid increment
between bids.
What does open and buy
mean?
open - This is the minimum to open the bidding. Once the open
has been met the word 'open' is removed from the right
of the item.
It is mainly set by Mackley & Company
and agreed by the consignor as a fair low bid. In general
it is the lowest amount an item can be bid and is a steal
if you wind up getting the item for that amount. There
are exceptions where the owner will not allow those low
openings. In those cases the owners will pay us $50 if
the item does not open (this is rare though). The
local auction may or may not have posted minimums to open.
buy - The 'buy' is a way to own an item on a first come first
served basis if you agree by the date posted at the top
of the page (usually just a few days after the auction
begins. The 'buy' is by permission only and set by the
consignor. Once the 'buy' is utilized it is highlighted
in red to the right of the item. The local auction will
not have posted 'buy'.
Different Type of Online Bidders
- Here's a few . . .
1) The Serious Early Bidder . .
.
If you are the first bidder to an item the best strategy
is to make a hard bid. This can be positional strategy.
If you are not the first bidder, it is best to bid a soft bid.
Tip - In either case, keep checking back to see the
results. A serious soft bid once usually does it.
I'll never forget the time I was at a furniture
auction to bid on a lovely French cabinet. Previously,
I had seen that most of these sold at auction for $750-1000
and this was after usually starting around $50-100. So,
when this item came up, I immediately hollared out $500.
The crowd was shocked this item would start so high. But
I got my cabinet for $250-500 less than normal. I was
pleased.
2) The Buckshot Bidder . . .
Bid the minimum on ten or more and quit . . . odds are
you may get one.
3) The Sniper Bidder . . .
Bid only during the final moments and bid a soft bid. This would allow you a 50/50 chance to outbid another
bid.
4) The Occasional Bidder . . .
Bid only periodically and only hard bids.
WHICH BIDDER ARE YOU?
Minimum Bid Increments
| Whole dollar bid is
. . . |
Minimum
bid increment |
| . . . less than $100. |
$5.00 |
| . . . $100 to less
than $500. |
$10.00 |
| . . . $500 to less
than $2,500. |
$25.00 |
| . . . $2,500 to less
than $5,000. |
$50.00 |
| . . . $5,000 or more |
$100.00 |
No particular increments
other than the highest successful bid acknowledged by
Mackley & Company and il Tempo becomes the purchase
price. We do not accept penny increments and will round
any bid made with penny increments to the highest whole
dollar as long as the bid meets or exceeds the minimum
increment bid. Half bids will only apply in the local
auction at the descretion of the auctioneer.
Bids accepted: Telephone
(voice or fax) with information given on your registration;
e-mail; auction bid form; or in person.
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Who Pays for Shipping and Sales
Tax?
The purchaser always pays
shipping and insurance.
If it is domenstic shipping
(Within USA) we usually ship through the United States
Postal Service (USPS) priority insured (<$500) or registered
mail (>$500) and is figured using the USPS online calculator.
If it is outside the USA
it is usually sent United States Postal Service (USPS)
as a Global priority or registered mail. Insurance has
a great deal to do with the determination of which type
is used.
If you wish other methods
or shippers, just ask. Our goal is to please. Sales tax
is due for Tennessee residents not having a resale license.
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What are the different periods
of jewelry?
Georgian (1698-1830)
Early Victorian (1837-1861)
Mid Victorian (1861-1880)
Late Victorian (1880-1901)
Art Nouveau (1880-1914)
Edwardian (1901-1910)
Art Deco (1915-1940)
Retro (1935-1950)
Modern (1960-present with Contemporary or modern)
Antique Jewelry is represented
by any jewelry one hundred (100) years of age or older.
Period jewelry meets a particular style that was made
during its indicated period of time. Only the periods
reflecting age of one hundred years or more are antique
periods. No two authorities completely agree on exact
dates as there exists some overlapping of style, influences,
metals and embellishments. 'Arts and Crafts' is considered
a movement. Estate jewelry reflects previously owned jewelry
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How can I sell my items through
auction?
Estate consignments
are now being accepted for the next auction.
Contact
Joseph Mackley, Suzanne Mackley, or Darryl Mackley
at Mackley & Company, Inc. for details.
As appraisers, brokers and buyers of gems, jewelry,
and estate investments Mackley & Company
is always interested in communicating with possible
consignors or sellers.
When you decide to sell
your property you must have a proficient source to give
you quality advice for selling in the secondary market.
Mackley & Company will be happy to discuss with you
the multi-level markets through which jewelry is bought
and sold and valued with evaluation science as it applies
to your jewelry. There is no charge for this conversation,
however, it is necessary to make an appointment when coming
by locally. Written appraisal for estate planning or other
purposes can be provided for a fee based upon the estimated
time to appraise.
Mackley & Company works
closely with bankers, lawyers and estate administrators
for the purpose of converting estate jewelry via auction.
When you decide to sell
property through the Mackley & Company's Estate Jewelry
Auction you will find Mackley & Company helpful. After
discussion, and your agreement, you will receive a contract
to sign stipulating the terms and fees for the auction.
It is suggested to contact Mackley & Company for a
discussion allowing you options for the placement of your
merchandise. These options range from the placement of
property to auction with no reserve (meaning the item
will sell to the highest bid); your reserve or Mackley
& Company's suggested reserve (meaning the bids must
meet or exceed that undisclosed level to be sold); or
other than auction sales. Mackley & Company will discuss
each item of merchandise with you and allow you the freedom
of choice.
Payment to the consignors
for the property sold can be expected within three weeks
following the closing of the auction sale. This is due
to bidders sending in checks (mail time) following the
auction.
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