Auction Party
Synopsis
Tom Keane helps a series of homeowners hold a real auction in their own homes. Prior to their auction, the homeowners must buy the items that will be sold from a £500 budget. Once purchased, the items are appraised and guide prices are set. On the day of their auction the homeowners welcome potential bidders into their home, before the auction gets underway. As well as accepting bids from those in the room, the homeowners also receive five sealed bids from professional dealers. The homeowners must decide whether to accept the highest bid in the room, or take a risk and reject it in favour of the bid in one of the sealed envelopes. After all the items have been sold, the winning bids are totalled, and the homeowner discovers whether they have made a profit.
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