We construct natural relative compactifications for the relative Jacobian o
ver a family X/S of reduced curves. In contrast with all the available comp
actifications so far, ours admit a Poincare sheaf after an etale base chang
e. Our method consists of studying the etale sheaf F of simple, torsion-fre
e, rank-1 sheaves on X/S, and showing that certain open subsheaves of F hav
e the completeness property. Strictly speaking, the functor F is only repre
sentable by an algebraic space, but we show that F is representable by a sc
heme after an etale base change. Finally, we use theta functions originatin
g from vector bundles to compare our new compactifications with the availab
le ones.