 It is now housed in the Ny Carlsberg Glyptotek, a museum founded by him in Copenhagen.Jacobsen was married to Laura Cathrine Holst (1819-1911) 
and was the father of Carl Jacobsen (1842-1919).In 1879, he became an honorary doctor of the University of Copenhagen Faculty of Science and in 1884 he was bestowed Commander 1st class of the Order of the Dannebrog, a Danish order of chivalry.