Commission rates

**Only 2% commission on items over $10,000**
Sold Price
Commission
$0-$500
20%
​$501-$1000
15%
$1001-$2000
12%
$2001-$5000
8%
$5001-$10,000
6%
$10,001+
2%
*$5.00 minimum commission per lot

2025 Auction Schedule

Take advantage of early advertising by texting photos to 641-715-7566 or emailing photos to [email protected]

​For items with titles or registrations. Title or registration must be brought in at same time as item. There will be a $25 title transfer fee per titled item billed to the seller.

February 2025 Machinery COnsignment auction

 · Upcoming
Taking in items February 24th-28th from 9AM till 4PM at 2212 5th AVE NW, Waverly IA, 50677
NOTE. We will not be taking in small items on Friday. If you have small items please bring them in by Thursday evening. 

Preview on Wednesday, March 12th from 9AM-5PM
Online Auction Closing On Thursday, March 13th at 5 PM CST
Pickup on Friday, March 14th from 9AM-4PM and Saturday, March 15th from 9AM-12PM

June 2025 Machinery COnsignment auction

 · Upcoming
Taking in items June 9th-13th from 9AM till 4PM at 2212 5th AVE NW, Waverly IA, 50677
NOTE. We will not be taking in small items on Friday. If you have small items please bring them in by Thursday evening. 

Preview on Wednesday, June 25th from 9AM-5PM
Online Auction Closing On Thursday, June 26th at 5 PM CST
Pickup on Friday, June 27th from 9AM-4PM and Saturday, June 28th from 9AM-12PM

August 2025 Machinery COnsignment auction

 · Upcoming
Taking in items August 11th-15th from 9AM till 4PM at 2212 5th AVE NW, Waverly IA, 50677
NOTE. We will not be taking in small items on Friday. If you have small items please bring them in by Thursday evening. 

Preview on Wednesday, September 3rd from 9AM-5PM
Online Auction Closing On Thursday, September 4th at 5 PM CST
Pickup on Friday, September 5th from 9AM-4PM and Saturday, September 6th from 9AM-12PM

november 2025 Machinery COnsignment auction

 · Upcoming
Taking in items November 17th-21st from 9AM till 4PM at 2212 5th AVE NW, Waverly IA, 50677
NOTE. We will not be taking in small items on Friday. If you have small items please bring them in by Thursday evening. 

Preview on Wednesday, December 3rd from 9AM-5PM
Online Auction Closing On Thursday, December 4th at 5 PM CST
Pickup on Friday, December 5th from 9AM-4PM and Saturday, December 6th from 9AM-12PM

About Us

Contact

Questions?
Phone: 319-559-2454
Email: [email protected]

Additional Information

  • Large easy to access yard with loading dock.
  • Loaders available for loading and unloading
  • Huge customer base
  • Award winning marketing
  • Competitive commission rates
  • Low buyers premium​

Auction terms & conditions

Terms
  1. Everything sells where is as is without a written or assumed warranty or guarantee.
  2. All sales are final.
  3. Bid accordingly as there are NO RETURNS.
  4. NOTICE! Loading is the buyers responsibility (Furniture, appliances, etc, any item over 30lbs). Legacy Auction Company employees will not load or remove your items. If assistance is needed there will be a $20 (cash) per item surcharge payable to to the employee who assisted you. Legacy Auction employees will still assist in locating and gathering any small items under 30lbs. 
  5. We can ship your items, Packing is charged at $1 per minute with a $3.00 per package minimum, plus box, packing and  shipping label charge, Large, bulky, or fragile items are very expensive to ship
  6. Call for details on any specific items before placing bids at 319-559-2454
  7. Please Note: Legacy Auction Co. assumes no liability for the accuracy of the description of the items being offered. If you, the buyer, are relying solely on the description of the item, it is your responsibility to conduct your due diligence prior to bidding on the item and determine what you believe is the asset being offered. No refunds for Buyer's Remorse if they think it is an item that it is not.
  8. We will charge your credit card on file immediately after the closes of the auction if your invoice total is under $1000. If you invoice total is over $1000 cash, check or wire transfer is required. Please call the office with any questions. 
  9. Buyers shall realize that the auction site may be a dangerous location and will hold harmless the Seller and/or Legacy Auction Co. when they arrive and remove their assets. Buyers may have to at their own discretion use equipment and tools that could be harmful to themselves (falling off ladders or using power tools for examples) and realize they are doing so at their own risk and assume full responsibility for their actions.
  10. Purchased items not picked up during posted pick up hours the items will be deemed abandoned and the buyers account blocked, Items will be resold.
  11. Firearms: All Federal and State laws will be followed for transfer of all firearms. If you do not have a permit to carry or a permit to purchase you will require a background check. If this is the case, be advised this could take up to a week to clear and transfer of the firearm will not take place until after that time. There will be a $25 transfer fee, per gun. Shipping is available for guns but we will need the information of the FFL to where the guns will be shipped to. Ammo is shippable but only through UPS and will need physical address to where ammo is being shipped to.
  12. Legacy Auction Company will not relocate auction purchases for any reason. If you cannot pickup during posted hours, please do not bid. 
  13. Legacy Auction Company will not be held accountable for loss of property or damage while items are at our location.