Auctioneer Bond - Mississippi

Mississippi auctioneer, gallery, or firm license bonds are issued instantly for just $100. Simply click Buy Now to visit our secure bond checkout where you can purchase your bond directly from our site. In just a few minutes you can be on your way to getting bonded as a licensed auctioneer, firm, or gallery in Mississippi.

Bond Type	Bond Amount	Cost
$10,000 Auctioneer, Gallery, or Firm License Bond	$10,000	$100

Why do I need this bond?

The Mississippi Auctioneers Commission requires auctioneers to post $10,000 surety bonds to work within the state.

Mississippi auctioneer, gallery, or firm license bonds guarantee that principals (auctioneers) conduct business in accordance with the License and Regulate Practice of Auctioneering Act (Bill No. 2554). The bond protects any person who suffers losses from any misrepresentation, fraud or violation of the act committed by the principal while on the job.

What’s the fine print?

Auctioneer, gallery, or firm license surety bonds in Mississippi remain effective indefinitely. The surety can cancel the bond at any time by giving written notice to the Mississippi Auctioneers Commission 90 days prior to the effective date of cancellation.

How to become an auctioneer in Mississippi

Mississippi residents must pay the following fees to apply for an auctioneer or auction firm license:

Auctioneer: $100 application processing and examination fee, $200 license fee
Auction firm: $100 application processing and examination fee, $200 licensing fee

Non-residents must pay the following fees to apply for an auctioneer or auction firm license:

Auctioneer by reciprocity: $100 application fee, $250 out-of-state vendor fee, $200 license fee
Auctioneer by non-reciprocity: $100 application processing and examination fee, $250 out-of-state vendor fee, $200 licensing fee
Firm license by reciprocity: $100 application processing fee, $250 out-of-state vendor fee, $200 license fee
Firm license by non-reciprocity: $100 application and examination fee, $250 out-of-state vendor fee, $200 license fee

All license fees must be renewed on a biennial basis. Applicants must also submit a clear, full-face photo of his or her head and shoulders taken within the past six months (2” x 2” size).