Marina Cay and Glacier Bank properties sell out at J. P. King Auction for $5 Million! J. P. King Auction Company is the oldest real estate auction company in the United States. J. P. King, Sr. founded the company in 1915. For nearly a century, members of the King family have owned and continuously operated J. P. King Auction Company. Craig King, a fourth generation member of the King family, has served as President of J. P. King Auction Company since 1986. Under his leadership and expertise, the company has grown from a strong regional firm to a powerful, nationwide marketing company on the leading edge of the auction industry. The company has developed many of the methods and techniques that are now commonplace within the industry. Today, J. P. King Auction Company maintains its position as the industry leader by combining its unparalleled experience with a high level of integrity and professionalism. Buyers and sellers alike expect and receive a high level of service from our company. In order to serve clients better, we continually work to improve all aspects of the auction process.