The sale of lot 54, which was expected to fetch £30 to £50, brought applause from the packed makeshift auction room inside the 138-year-old department store.
The family-owned shop shut on Christmas Eve shut due to poor sales and an expensive repair bill.
A Facebook tribute page to the well-known shop called "The Windows of My Soul", describes Jacksons Corner as a "place for our memories, especially those of that terrifying child mannequin".
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