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Nigel Havers presides as members of the public with interesting items to sell come face to face with five dealers who bid against each other to try to bag themselves a bargain. Before facing the dealers, each seller has their item valued by auctioneer Simon Bower. Simon also gives them top tips on the history and key characteristics of their piece, so that when they enter the bidding room, they have all the information they need to try to haggle the best possible price from the dealers. All the dealers are spending their own money but have no idea what the sellers have brought in.

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