Eric Knowles v Chuko Ojiri - Auction Put Your Money Where Your Mouth Is


Eric Knowles v Chuko Ojiri - Auction

Two well-known experts from the world of antiques go head to head over a week of challenges. It's a mighty battle as Eric Knowles faces Ochuko Ojiri at an auction in Colchester.


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Transcript


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This is Put Your Money Where Your Mouth Is,

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the show that pitches TV's best-loved antiques experts

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against each other in an all-out battle for profit.

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I think it is a bargain.

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Each day, one pair of duelling dealers

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will face a mighty challenge.

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Oh, yeah.

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Putting their reputations on the line...

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Ready for battle.

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..they'll give you the insider's view of the trade.

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I'm a big boy, I'm a player.

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Along with their top tips and savvy secrets.

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It's not all about what you spend, it's about what you make.

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Showing you how to make the most money...

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-It really is war.

-..from buying and selling.

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You've got to be in there like a whippet.

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Coming up, Chuko panics in the auction room.

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Real sinking feeling and a feeling of desperation,

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to be brutally honest.

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Eric's eye is firmly in the past.

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Victoriana, so not now, but am I bothered? No.

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And Chuko broadens his customer base.

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What do you think? Good?

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Have I done well?

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This is Put Your Money Where Your Mouth Is.

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Ladies and gentlemen, prepare for a galactic clash

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as a pair of antiques experts fight the ultimate battle to buy,

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sell and make interstellar profits for their chosen charities.

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Our first contender is a man with such gravity

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that his rivals burn up in his atmosphere.

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It's Eric 'The Knowledge' Knowles.

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Let the battle commence, you might say.

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He is on a meteoritic collision course with greatness as he enters

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his rival's orbit. It is Ochuko 'The Hat' Ojiri.

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It's going to be me knocking him out.

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Our pair have boldly arrived

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at Reeman Dansie auction house in Colchester,

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where they'll be putting their own money on the line.

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This truly promises to be an antiques contest

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that is out of this world.

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But who will come out on top?

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-Good morning.

-Morning, Eric.

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-How you doing?

-Very well, sir.

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What are you like with auctions, then?

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It's not my thing. But I'm going to have a real good look.

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I don't want come over as being smug,

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but there's so many fantastic things in there

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if you know where to look.

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-LAUGHING:

-When you know what you're doing.

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That being said, we've got how much to spend?

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-£1,000?

-Yes, but it's not really, because you've got to bear in mind

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that you can spend about 800 of that,

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the rest goes in your buyer's premium and all that stuff.

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I don't think there's £800 to spend in there.

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-Oh, you don't? Really?

-Let's see.

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I might have to borrow some from you, then.

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So, remember, the motto today is - don't worry, be happy.

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Be hatty.

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THEY LAUGH

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Yes, as you might expect, two contrasting approaches.

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For Eric, an auction house is like putting on a pair of well-worn slippers.

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Chuko is way out of his comfort zone.

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It's not my natural habitat, I don't blend in here.

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City boy hits the country.

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But before the bidding begins, our contestants consider the path ahead.

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This is a very diverse sale.

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So I'm going to have to spread my net far and wide.

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In other words, I will take into account

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ceramics, furniture, pictures, textiles.

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So Eric's keeping an open mind and Chuko, too,

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seems to be warming to the auction room.

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The more I've looked around here, the more optimistic I'm getting.

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There is no way I won't find something here.

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There's always a diamond in the rough.

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And, sure enough, he quickly spots a possible diamond.

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A nest of tables with a guide price of 20 to £40.

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These are really interesting to me.

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Pull one out.

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Strong British company - G Plan.

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For me, it's a feeling, it's the colours. It's the palette.

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These tiles scream the '50s, and for my market,

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that is absolutely perfect.

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There's a little-known scene called granny chic that's really come into

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fashion and these are bang-on-trend.

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From granny chic to the grandaddy of ceramics,

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Eric has found a porcelain figure he likes the look of.

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Well, this is an interesting figure insofar as,

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in the catalogue, it says Charles Vyse.

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Charles Vyse was a potter doing figures similar to this,

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down in Chelsea.

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It's quality insofar as the way it's all been hand-painted.

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Quite a nice, believable face.

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Little rosebud lips.

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Date-wise, it's probably somewhere around about 1910.

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If she's struggling to find a buyer...

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..I may well end up in this gal's suitor.

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Not sure what Mrs Knowles would say about that.

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Meanwhile, Chuko has found a pestle and mortar.

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Marble.

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-GROANING:

-Heavy.

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Heavy lump of a piece.

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I've no idea what the age is.

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All I know is it's beautiful and it's got a story, again.

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I'm looking at these colours.

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Look at these lovely ambers and greys

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and little dents and marks.

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We use these to crush our food,

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they were also used to crush and create medicines.

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Interesting, practical and beautiful.

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Auction estimate of 40 to £60,

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so if I can get this anywhere in between that, I'll give it a go.

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And so, as the bidders take their places

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and the auctioneer assumes his position,

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the time for perusing is over.

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I love this bit.

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It's nerve-racking.

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There's an energy in the room, I can feel it. Am I going to win?

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Am I going to lose?

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Chuko's nerves are jangling, a fact which Eric is planning to exploit.

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The auction's not his natural habitat.

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I hope he just doesn't come a cropper.

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-Well, I don't really, but...

-HE LAUGHS

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Eric, you devil, you.

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And so, with hearts aflutter, our brave pair take a deep breath

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and prepare for the inevitable

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as the auction kicks off.

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Start now, then.

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And first to get his hand in the air is Eric on the pottery figure,

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estimated at 60 to £80.

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Somewhere in the back of my mind,

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I think I've seen that type of decoration before.

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It's obviously early-20th century, but it's not signed.

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Signed or not, it's not long before the bidding approaches the estimate.

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55, 60. 65.

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70. 75. 80.

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£80, over here, all done. 80.

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We're off to a start.

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There are a lot of ceramic dealers here today.

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I'm going to be given a run for my money.

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Eric wins the figure for just shy of £100 including costs

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and he's up and running.

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Eric's giving me a cheeky look.

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Chuko is keen to get going, too.

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But as the prices start to soar...

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150. No?

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..he struggles to get a bite of the cherry.

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This really is a baptism of fire.

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55, £55 on my left.

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They are crushing me.

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34 in our place.

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-Is he going for it?

-£34?

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All done.

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Real sinking feeling and a feeling of desperation,

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to be brutally honest.

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Oh, dear.

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Well, this is bidding.

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Yes, but he will have to win something

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to stand a chance in this game.

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Although, it's Eric with his hand in the air next.

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And he goes after a job lot

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including a stationary cabinet,

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a mahogany box, and a slop pail with a guide price of 30 to £60.

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All this lot, at 20 now. £20 only.

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22, 24.

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26. 28.

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30 anywhere?

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30. 32. 32?

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Bidding? 34.

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36.

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£36.

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Another one hits the dust.

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Eric wins the lot for £44.64 all in,

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but just what exactly is the rag-tag bundle he's bought?

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Well, this is the lot.

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It is a slop pail -

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not a very romantic term -

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but it is by Royal Doulton, it was probably made up there in Burslem

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in Stoke-on-Trent.

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To the best of my knowledge, it is not damaged in any shape or form.

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But it's just a nice sort of Arts & Crafts type of design.

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Transfer printed and then hand-painted on top.

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A bit of a bonus, really,

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is the fact that it's got this stationary box.

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It has got a pencil and various other little bits in it.

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Little box. And what have we got here?

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Oh, look! Well, that's interesting, I didn't see that,

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that's come off the front, though, that's 1914.

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So that's rather poignant, isn't it?

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So, pop that back in there.

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It's been through the wars, I can see it's got a bit of a tear there.

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Hopefully, I may even get my money back

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just selling the stationary box.

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We'll see.

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Eric is pleased with his second purchase,

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while Chuko is hoping to get in on the action with a pestle and mortar.

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I'm not going to let this go, no-one will beat me.

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He says.

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Yes, but it looks like Chuko has competition and it's not long before

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it's heading towards the top end of the guide price of £50.

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46. 48.

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50.

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55. 60.

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£60 at the back.

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All done.

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He's done it. He's bought something.

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And that something was a pestle and mortar that cost him £74.40

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after auction costs.

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But Eric is really settling into his stride now as he eyes up a selection

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of botanical watercolours.

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Got an estimate of 60-80.

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I'd be happy to get them nearer the 60.

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50.

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So Eric gets going with the subtlest bidding style

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in Put Your Money history.

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50 I have. 55 down here now.

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Let's see that again.

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Yes, that's the bid.

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Selling now at 55.

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And Eric wins the lot and buys the pictures for £68.20 all-in.

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So, what's he got?

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They're four framed and mounted watercolours of botanical specimens.

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They're obviously probably lifted from an album

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or maybe rescued from an album.

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I do have somebody in mind who is very big when it comes to botany,

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but the actual drawings themselves are obviously, I would suspect,

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early-19th century. That being said,

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I'm way out of my comfort zone with something like this.

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But in times of need, needs must.

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Well, that very profound note signals Eric's third buy

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and brings us to the halfway mark.

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From a £1,000 budget,

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Eric has bought three lots and spent just over £212,

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leaving him with almost £788 still burning a hole in his pocket.

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Chuko has only won one bid costing £74.40

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meaning he has £925.60 to spend.

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-How are you, Eric?

-Oh, Chuko, I'm fine, thank you.

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-How you getting on?

-Slow but sure.

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It's not easy, is it?

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-No.

-It's not going cheap.

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No, these people know what they want, don't they?

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And they're quite prepared to pay for it.

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-Halfway through.

-We're halfway through, aren't we?

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-I think we're doing all right.

-Well, we're off the mark.

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-There's still a lot to play for.

-Yep.

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-You follow your nose and I'll follow mine.

-Good luck.

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Mmm, a bit of bluffing there from Chuko,

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who's only bought one thing. With a 3-1 lead,

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Eric is able to relax

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while Chuko will need to pull his socks up to catch up.

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Maybe a new auctioneer will bring him luck as a bound collection of

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newspapers from 1918 go up.

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With an upper estimate of £30, the lot is reaching the top end.

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I'll take 28.

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And Chuko wants in.

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28. 30? Why not?

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£30 is bid.

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32. 34?

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No, £32.

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At the back there. 32...

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I just got inspired at the last minute.

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I didn't really expect to go for that one.

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Just too much of an interesting item.

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He wins the lot for just under £40, fees included.

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This is dated to Friday, February 1st, 1918.

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The final year of the First World War.

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Real history, and that's what a lot of this is about.

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That is why I've bought it. It's emotive.

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The fashion, the style...

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I can see this going to a really good home with someone

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that loves war memorabilia. I think that's the way forward.

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Chuko's hoping for a hefty profit margin on the newspapers

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and the next item he's after is even meatier.

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So I've got these early-19th century bone letters coming up.

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I really like these. They're kind of old and modern at the same time.

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The bone letters are estimated at 50 to £70.

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40. 40 bid.

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At £40 now. At 40.

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42. Two now there.

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At 42. All done at 42, then?

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I got that one easy. Easier!

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He buys the bone letter counters for a smidge over £52

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with fees included.

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So does he think a profit should be as easy as ABC?

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Look at these lovely bone letters.

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Early-19th century.

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They could have been made yesterday.

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I could see them being made into jewellery, necklaces.

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A good thing, I think, is to sell them individually

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and the ones that I'm left with, I'll use for Scrabble.

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Our Chuko definitely appears to have found his stride now

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as he draws even with Eric.

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Hopefully, the tide's turned and Lady Luck's on my side.

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It certainly looks that way as the tortoise of this race attempts to

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overtake the hare and Chuko goes after a selection of paperweights.

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Although it seems like Eric's got wind of the fact.

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30 to 40 is a nice estimate.

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He might have to pay more.

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I've got a good feeling. I know the name.

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But the auctioneer already has bids online.

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40 I have. 42?

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42. 44?

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6? 48.

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Go for it, man.

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50. 5.

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60. 65. 68?

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I must go 70.

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75 clears me. 75, back of the room. Where's 80?

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That's enough, that's enough.

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Put the hammer down. Put the hammer down.

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I'm selling at 75.

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Dropped the hammer!

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75. Yeah, that was enough.

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Yes. Really pleased.

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Wish you all the best(!)

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Eric's having a little cheeky nod over there.

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He's put his feet up and I've raced ahead of him.

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After commission, the paperweights cost Chuko £93.

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So was he bidding blind or has he got a plan up his sleeve?

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Really happy with these.

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Decided to go with the limited-edition paperweights.

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Caithness is a name that I recognise.

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They were founded in Scotland in the '60s.

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They were prolific throughout the '70s.

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Thanks to this book, I know that these are dated around 1970.

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I know there's a lot of collectors of these paperweights.

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I've just got to find one and sell them.

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Chuko is now leading 4-3 and keen to get back in on the action.

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Eric goes after a Victorian display unit known as a whatnot.

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It's proving popular

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and the bidding is already tickling the upper guide of £180.

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170. 180.

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190. 200.

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At 200 with the gentleman standing.

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Now at 200. It will be sold.

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All done? For £200.

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That's a big spend.

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Yes, and it wins the whatnot for £248 with costs.

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So, why the whatnot and what's he got?

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Well, this is the most money I've spent today.

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It was, without question,

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one of the best objects and furniture that I've seen here today.

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The only minus point is that it is lacking

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a barley twist support at the back. That being said, it is,

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as they stay up North, it's a reet belter.

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Because it's a good 'un. Victorian.

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If you look, they've got ceramic casters.

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We're talking around about 1850, 1860,

0:16:130:16:17

so the time of the Great Exhibition of 1851.

0:16:170:16:19

It's a very smart object.

0:16:190:16:21

Victoriana, so not now, but am I bothered?

0:16:210:16:25

No! Quality item.

0:16:250:16:26

Go for quality every time, you'll never go wrong.

0:16:260:16:29

Well, that's the theory, anyway.

0:16:290:16:32

Yes, but whether it brings in a profit in reality

0:16:320:16:34

remains to be seen.

0:16:340:16:36

Eric and Chuko are now level pegging, each with four purchases.

0:16:360:16:40

And up next is the nest of tables that Chuko saw earlier.

0:16:400:16:44

Auction estimate, 20 to £40.

0:16:440:16:46

If I can get this for under 20, I'll be very happy.

0:16:460:16:50

The auction room's emptied out a little bit.

0:16:500:16:52

Chuko is not going to have much in the way of competition.

0:16:520:16:56

He could be in for a nice surprise.

0:16:560:16:58

Let's face it, the lad deserves it.

0:16:580:17:01

Yes, the room has thinned out, but unfortunately for Chuko,

0:17:010:17:04

there's still one tenacious bidder hanging in there.

0:17:040:17:07

22. 24.

0:17:070:17:09

26. 28.

0:17:090:17:12

£28, then. And selling at 28.

0:17:120:17:15

Yes, sir. 618. Thank you.

0:17:150:17:18

So happy. Got the G Plan.

0:17:180:17:20

Little bit over what I wanted to pay.

0:17:200:17:23

Good profit in there for me.

0:17:230:17:25

Yes, he stood his ground, and the tables are his for just under £35.

0:17:250:17:29

Chuko likes his retro,

0:17:290:17:30

but Eric is steadfastly sticking to his plan of going for Victoriana.

0:17:300:17:34

There is a jardiniere next that he's already looked at.

0:17:340:17:37

Unfortunately, he's not the only one.

0:17:370:17:40

There's been a lot of... A lot of dealers looking at it.

0:17:400:17:43

That never bodes too well.

0:17:430:17:46

But, as Doris Day said,

0:17:460:17:49

"Que sera, sera."

0:17:490:17:51

What's that mean?

0:17:510:17:53

It means, "What will be, will be."

0:17:530:17:55

But whether this jardiniere will be going home with Eric is another

0:17:550:17:58

question. The estimate is 40 to £60.

0:17:580:18:01

£40.

0:18:010:18:02

Yes. Yes.

0:18:020:18:04

-30.

-30, I'll take.

0:18:040:18:05

Where's 2? 30 I have.

0:18:050:18:07

Where's 2? 32.

0:18:070:18:08

34. 36.

0:18:080:18:10

38. 40. 42. 44.

0:18:100:18:13

No, 42, then. 42 and selling.

0:18:130:18:16

It's a weird thing, but the quirky often come good.

0:18:170:18:21

So Eric's purse takes a final pounding of just over £52

0:18:210:18:25

once costs have been added.

0:18:250:18:28

It is quite a rustic-looking jardiniere.

0:18:280:18:31

It's a coopered barrel on top of what appears to be something like a

0:18:310:18:36

miniature cricket table.

0:18:360:18:38

It's quirky.

0:18:380:18:40

And Eric's quirky purchase takes us to the end of this bidding battle,

0:18:400:18:43

so, before our competitors come together,

0:18:430:18:46

let's see how they spent today.

0:18:460:18:48

From a £1,000 budget, Eric made five purchases and spent £512.12.

0:18:500:18:56

Chuko matched his five items, but only spent £293.88.

0:18:560:19:01

Hi, Eric. How did you get on?

0:19:030:19:06

Well, it was a gladiatorial contest, that, wasn't it?

0:19:060:19:08

-They weren't letting stuff go cheap, were they?

-No way.

0:19:080:19:11

I was surprised to see you go for paperweights.

0:19:110:19:14

Shall I be really honest?

0:19:140:19:15

Go on.

0:19:150:19:16

I was desperate!

0:19:160:19:17

THEY LAUGH

0:19:170:19:18

-I was desperate.

-Yeah.

0:19:180:19:19

I thought, "If I'm going to buy paperweights,

0:19:190:19:21

"buy the ones with the certificates."

0:19:210:19:23

-Quite right. Quite right.

-Collectable.

-Yeah, yeah.

0:19:230:19:25

-Caithness.

-Yeah.

-Scottish.

-Yeah.

0:19:250:19:28

They were dated '70s.

0:19:280:19:30

-People want these.

-Yeah.

0:19:300:19:32

I'm shocked at these botanical prints.

0:19:320:19:34

They're not prints, they're original watercolours.

0:19:340:19:36

Are they? Have I missed a trick?

0:19:360:19:37

Well, I don't know. Did you view them?

0:19:370:19:39

-I did view them.

-Oh, then you missed a trick.

0:19:390:19:42

On the back, there's a full description of what you're looking at.

0:19:420:19:45

-Massively on-trend.

-Yeah.

-All of that botanicals, massively on trend.

0:19:450:19:48

Which is your favourite object of the things you've bought?

0:19:480:19:50

I love these little bone letters.

0:19:500:19:52

Yeah. See, I reckon those are probably Napoleonic prisoner of war,

0:19:520:19:56

you know. Seriously.

0:19:560:19:57

-Wow.

-Yeah. So I think you've done OK there.

0:19:570:20:01

I'm going to turn them into some beautiful necklaces, I think.

0:20:010:20:05

-Have you got no conscience or what?

-I've got conscience.

0:20:050:20:07

I love beautiful things.

0:20:070:20:09

-OK.

-I love turning things from then into now.

0:20:090:20:12

The one that fascinates me most, believe it or not,

0:20:120:20:15

-is this figure.

-Yeah. You're not going to like me.

0:20:150:20:18

-Why is that?

-That's my least favourite object.

0:20:180:20:20

Oh, that doesn't bother me at all.

0:20:200:20:21

-It doesn't?

-No. No, you're a nice bloke,

0:20:210:20:23

but it doesn't mean you've got a monopoly in taste.

0:20:230:20:25

-I know.

-OK.

-I've got a monopoly in bad taste!

0:20:250:20:27

-Well...

-Bad meaning good.

0:20:270:20:29

I think, all things being equal...

0:20:290:20:30

Not a bad day's work.

0:20:310:20:33

..we did a pretty good day's work out there, yeah.

0:20:330:20:35

-OK.

-Let's discuss this over a cup of tea.

0:20:350:20:37

So, our auction heroes pack up their purchases and head back to their

0:20:400:20:45

respective base camps,

0:20:450:20:46

where they must now turn their acquisitions into assets.

0:20:460:20:49

And all of the money made will go to their chosen charities.

0:20:490:20:53

In his London lair, Chuko is drawing up his battle plans.

0:20:530:20:57

The auction was very difficult for me,

0:20:570:20:59

but I think I did quite well

0:20:590:21:01

considering I was out of my comfort zone.

0:21:010:21:03

This pestle and mortar, I think, is my favourite object.

0:21:030:21:06

I think this has been replaced.

0:21:060:21:07

It's a bit too clean.

0:21:070:21:09

But it's a great item.

0:21:110:21:12

These paper weights...

0:21:120:21:13

I'm not sure I've made the right choice on these.

0:21:130:21:17

Looking into it, maybe not quite as rare as I thought,

0:21:170:21:20

but I will find a buyer for them.

0:21:200:21:22

My lovely bone letters.

0:21:220:21:24

When I first bought this, I thought that they were Napoleonic,

0:21:240:21:27

but looking little bit more into it, digging a little bit deeper,

0:21:270:21:31

the evidence points towards them being Victorian teaching aids

0:21:310:21:35

and I've got a fantastic idea for them.

0:21:350:21:37

I'm going to get then made into handcrafted brass necklaces

0:21:370:21:42

and the good thing is, there won't be another like them.

0:21:420:21:45

They will be unique, one-off pieces. But I think, all in all,

0:21:450:21:48

I've got some great items

0:21:480:21:50

and I'm really looking forward to selling them.

0:21:500:21:52

So, Chuko also has to find buyers for the mid-century nest of tables

0:21:520:21:57

and the bound early-20th century newspapers.

0:21:570:22:00

Over in his High Wycombe homestead,

0:22:000:22:02

Eric is sifting through his sellables.

0:22:020:22:04

Well, buying at any auction can be tricky,

0:22:040:22:07

but I'm very satisfied with what I've managed to buy.

0:22:070:22:11

Starting with my Royal Doulton slop pail.

0:22:110:22:14

Way back in the Victorian age, people had jugs and basins,

0:22:140:22:17

usually in their bedrooms. After pouring the water into the basin,

0:22:170:22:21

it then had to be disposed of and it was the maids' duty to pour it into

0:22:210:22:27

the slop pail. It would be taken downstairs and then, of course,

0:22:270:22:30

it would be disposed of.

0:22:300:22:32

Well, my Canterbury whatnot, I thought,

0:22:320:22:34

was one of the best pieces of furniture in the entire auction.

0:22:340:22:37

Now, just to explain, the Canterbury is the section below.

0:22:370:22:41

Now, that is designed to take sheet music and its unusual when you

0:22:410:22:47

combine it with another shelf, which forms the whatnot.

0:22:470:22:51

This young lady is proving a little bit difficult for me to track down

0:22:510:22:56

when it comes to maker.

0:22:560:22:57

There's no signature on her, but it is a quality figure.

0:22:570:23:01

Completely hand-decorated

0:23:010:23:04

and the modelling on the flowers is fantastic,

0:23:040:23:07

but who made her?

0:23:070:23:08

She is, without question, my mystery woman of the moment.

0:23:080:23:13

Eric also has to sell his botanical watercolours,

0:23:130:23:16

the Victorian jardiniere and his early-20th-century stationery boxes.

0:23:160:23:22

Now, both players take to the roads,

0:23:220:23:24

pick up the phones and draw on every resource available to help them find

0:23:240:23:28

the right buyer for each item and turn profit up to the max.

0:23:280:23:32

As usual, each deal must be secured with a handshake

0:23:320:23:36

and the exchange of cash.

0:23:360:23:38

And first to get going is Eric, having travelled to Kew Gardens,

0:23:380:23:42

hoping to plant the seeds of success.

0:23:420:23:45

Well, these four botanical watercolours are my favourite buy.

0:23:450:23:50

And where better to sell them than Kew Gardens?

0:23:500:23:53

I'm here to meet Richard. He's the Director of Horticulture

0:23:530:23:56

and I've agreed to meet him somewhere near the Aquatic Garden.

0:23:560:24:01

The prints cost Eric just over £68, but first,

0:24:010:24:05

he has to find his contact.

0:24:050:24:07

Eric? Not that way.

0:24:090:24:10

Looks like Eric's been sent up the garden path.

0:24:120:24:15

So, after a bit of a diversion,

0:24:150:24:17

Eric locates Director of Horticulture Richard.

0:24:170:24:20

Do you know when these were painted?

0:24:220:24:24

Just looking at these sort of script that's been used,

0:24:240:24:27

it strikes me maybe somewhere between 1820, 1850.

0:24:270:24:30

I mean, I'm thinking early-19th century.

0:24:300:24:32

-I'm just going to have a slightly closer look.

-Please do.

0:24:320:24:36

So, someone who has quite a good eye for detail.

0:24:360:24:39

Someone who is clearly looking at the plants from a scientific perspective

0:24:390:24:44

perhaps, rather than seeing them as being decorative art pieces.

0:24:440:24:47

Around that period, it was often the pastime of gentlemen or ladies

0:24:470:24:52

to spend their time doing such things and really taking care with

0:24:520:24:56

-the detail to get things right.

-So, having seen them,

0:24:560:25:00

are these four drawings something you're going to be interested in?

0:25:000:25:05

They have attracted my interest.

0:25:050:25:07

From Kew's perspective,

0:25:070:25:08

we do always look at new representations of things,

0:25:080:25:12

even from old artists.

0:25:120:25:14

My opening gambit is £400.

0:25:140:25:16

£100 per watercolour, but let's see where we go.

0:25:160:25:19

To be honest, Eric, I'd probably honestly be looking at suggesting

0:25:190:25:23

something around 50 per artwork.

0:25:230:25:25

50 per artwork?

0:25:250:25:26

-Yeah.

-So we're looking at £200.

0:25:260:25:29

250?

0:25:290:25:31

Would 240 be acceptable to you?

0:25:310:25:33

240 would be acceptable to me.

0:25:330:25:35

It's more easily divisible by four.

0:25:350:25:37

-It certainly is.

-Right, well, we have a deal.

0:25:370:25:39

-We have a deal.

-Thank you so much.

-It's a great pleasure.

-Wonderful.

0:25:390:25:42

Yes, that's a blooming good opening profit of almost £172 for the

0:25:420:25:47

pictures and Eric is over the moon.

0:25:470:25:49

Well, that was obviously a pretty good profit, but in all honesty,

0:25:490:25:54

the money is incidental because what matters is the fact that those

0:25:540:25:58

botanical watercolours have now been returned

0:25:580:26:01

to what you might call their natural habitat.

0:26:010:26:04

Chuko is also in his natural habitat of trendy East London

0:26:040:26:08

and he's been carrying out his upcycle plans

0:26:080:26:11

with four of the bone letters.

0:26:110:26:14

I've done something absolutely spectacular

0:26:140:26:17

with those lovely bone carvings. Look at these.

0:26:170:26:21

A ring, two necklaces and a dog collar.

0:26:210:26:26

Upcycling to a different level.

0:26:260:26:29

Really happy with these.

0:26:290:26:31

With an extra £120 spent,

0:26:310:26:33

Chuko needs to make just over £170 before he's into profit.

0:26:330:26:38

Before the jewellery conversion, though,

0:26:380:26:40

he showed the letters to Stoke Newington-based hairdressers

0:26:400:26:43

Christophe, Declan, Faye, and Ella the dog.

0:26:430:26:49

And now he's going to reveal his products,

0:26:490:26:51

hoping they like what he's done.

0:26:510:26:53

I've got your bespoke necklaces here.

0:26:530:26:56

The inside... It's all carved bone.

0:26:560:27:00

And they're Victorian, so they're at least 130 years old.

0:27:010:27:06

And what we've had done, this is all solid brass,

0:27:060:27:08

they're bespoke and all handmade. Shall we try and put this on Ella?

0:27:080:27:11

-Yeah.

-You do it. You have a go.

0:27:110:27:12

-Come here, dog.

-Oh, she looks amazing.

0:27:120:27:16

So, what are your reactions? What do you think? Good?

0:27:180:27:21

-Have I done well?

-Really good.

-I love it.

0:27:210:27:23

-Yeah?

-Very nice. I love it.

-Shall we get stuck into the horrible bit?

0:27:230:27:27

I'm going to go in at a very reasonable offer.

0:27:270:27:30

£100 apiece.

0:27:300:27:32

I would go for 50.

0:27:320:27:33

The inside alone, I think, is 50.

0:27:330:27:36

I think... What about 90?

0:27:360:27:38

I'd stay at 50. Really.

0:27:380:27:41

-Yours may not be getting sold.

-THEY LAUGH

0:27:410:27:44

What do you think?

0:27:440:27:46

I'd go on par with Christophe and say...

0:27:460:27:49

Well, the potential is I'll be buying two.

0:27:490:27:52

I'd say 55?

0:27:520:27:53

I think the ring has got less. I'd say about 50.

0:27:530:27:56

I can't do it for 50.

0:27:560:27:58

My maximum is 60.

0:27:580:28:00

OK, this is what we're going to do. 70.

0:28:000:28:02

-Let's say 65.

-65?

0:28:020:28:05

Yeah, I'd go 65.

0:28:050:28:07

-Let's do it.

-Yeah?

0:28:070:28:09

Thank you very much.

0:28:090:28:10

Thank you.

0:28:100:28:12

-Thank you.

-Thank you.

0:28:120:28:14

Woof! So, four happy customers there.

0:28:160:28:19

Phew!

0:28:190:28:20

Tip of the trade - never sell to more than one person at once.

0:28:200:28:25

It was like a poker game and they all knew my cards.

0:28:250:28:28

It was tough going, but I made a healthy profit.

0:28:280:28:32

Indeed, and his total profit comes to almost £108 when he sells the

0:28:320:28:37

rest of the letters for £20 to antiques collector

0:28:370:28:40

Anthony in Brighton.

0:28:400:28:41

But he's still behind Eric,

0:28:410:28:43

who is in Limington next with his whatnot.

0:28:430:28:46

I've actually sent my Canterbury walnut whatnot ahead of me.

0:28:460:28:51

I've come here to meet an antique dealer

0:28:510:28:53

that I've known for almost 40 years.

0:28:530:28:55

I'm just hoping that the view that he has taken is a positive one

0:28:550:28:59

because I'm hoping also he's going to buy it.

0:28:590:29:02

When Eric won the lot of the whatnot, it cost him a lot.

0:29:020:29:06

£248 in total.

0:29:060:29:09

Ooh...

0:29:090:29:10

Yeah, one or two nice things here, Charles.

0:29:100:29:12

One or two nice things.

0:29:120:29:13

Well, we're trying to keep the standards up, Eric.

0:29:130:29:16

I just buy what I like.

0:29:160:29:17

I share that criteria and that was true, actually,

0:29:170:29:20

when it came to buying a piece of Victorian furniture.

0:29:200:29:25

It's beautifully made, a fine craftsman made that.

0:29:250:29:28

-You couldn't even afford to make the drawer linings today...

-No.

0:29:280:29:31

..let alone get the veneers and the mahogany -

0:29:310:29:33

which you're not allowed to cut down any more - to make it.

0:29:330:29:36

Even though they're not commercial any more, they will be,

0:29:360:29:39

and I still think they're a work of art within themselves.

0:29:390:29:41

It does come with a problem.

0:29:410:29:43

Which is, you've probably noticed,

0:29:430:29:46

it's got one missing barley twist at the back.

0:29:460:29:48

I had noticed that one. At least it's at the back, not the front.

0:29:480:29:51

-True.

-How much do you want for it?

-Well, I would...

0:29:510:29:54

What I'm hoping for is somewhere in the region of around about -

0:29:540:29:58

and I don't want to be greedy here -

0:29:580:30:00

around about the £300 mark.

0:30:000:30:03

Hm...

0:30:030:30:05

-I'm thinking more like 240.

-240?

0:30:050:30:07

Because I think we're going to have to spend a couple of hundred

0:30:070:30:10

pounds on that to do the work.

0:30:100:30:11

OK. Well, I'm not going to nit-pick.

0:30:110:30:13

245. This is what they call damage limitation.

0:30:130:30:17

-I think damage limitation's fair. OK.

-All right.

0:30:170:30:20

-I'll take it off you.

-You're a good lad.

-Thank you.

0:30:200:30:22

Eric loses £3 on the sale of the whatnot.

0:30:220:30:25

Didn't make a profit,

0:30:250:30:27

but I only made a very small loss.

0:30:270:30:29

I'm going to put it down to damage limitation.

0:30:290:30:32

I'm not saying it was expensive when I bought it,

0:30:320:30:36

but maybe it was a little dear.

0:30:360:30:39

That's actually quite a big deer.

0:30:410:30:43

In spite of this minor setback,

0:30:430:30:45

Eric is soon zooming ahead again as he sells his jardiniere

0:30:450:30:49

to Buckinghamshire-based pub manager Tina...

0:30:490:30:51

-£105 and you've got yourself a deal.

-Perfect.

0:30:510:30:53

..for a profit just shy of £53.

0:30:530:30:57

Eric now has a 3-1 lead.

0:30:570:30:59

But not for long if Chuko's got anything to do with it.

0:31:000:31:03

He's in Harpenden,

0:31:030:31:04

having tracked down what he hopes is the perfect place to sell his

0:31:040:31:08

historical bound newspapers.

0:31:080:31:10

I'm at a newspaper archive.

0:31:100:31:12

Hopefully, they're going to give me good news.

0:31:120:31:14

The bound newspapers cost almost £40,

0:31:140:31:17

so he's hoping archive manager Thomas

0:31:170:31:20

will help him unfold a profit.

0:31:200:31:22

I've got my 1918 Daily Mail here.

0:31:220:31:24

Oh, fantastic. Let's have a look.

0:31:240:31:27

Will you be able to tell if this is the original thing?

0:31:270:31:29

I mean, you can tell that it's an old document.

0:31:290:31:31

-Yes.

-It would be quite hard work to reproduce this with tea bags.

0:31:310:31:35

And it's noticed that the front page itself,

0:31:350:31:38

they didn't used to have any news on them.

0:31:380:31:41

It was filled with classified ads, because that was the real estate,

0:31:410:31:45

the selling space which is to fund the newspapers.

0:31:450:31:48

So you didn't actually get into the nitty-gritty of the day's events

0:31:480:31:52

until the second pages.

0:31:520:31:54

This has probably got a bit of value for you.

0:31:540:31:56

Yeah, as we approach milestone birthdays from 1918,

0:31:560:32:00

people turning 100 years old,

0:32:000:32:03

what better gift than a piece of real history

0:32:030:32:06

from the time you were born?

0:32:060:32:07

So let me try and sell it to you.

0:32:070:32:09

How does 150 sound to you?

0:32:090:32:11

It is a little high.

0:32:140:32:15

We'd need to get them authenticated and stuff,

0:32:150:32:18

so I'd be looking ideally below 100.

0:32:180:32:21

What about 120?

0:32:210:32:23

120...

0:32:230:32:25

I mean, we could meet halfway and aim for the...

0:32:250:32:29

-115?

-..110 mark?

0:32:290:32:31

Erm... 110's good.

0:32:310:32:34

-Perfect.

-Thank you very much, Tom.

-Thank you.

-That's a good deal.

0:32:340:32:36

Chuko shakes and makes just over £70 profit on the newspapers,

0:32:360:32:40

so let's just take a moment to read all about it

0:32:400:32:44

and see how our pair are doing so far.

0:32:440:32:46

Eric has sold three items,

0:32:470:32:49

making the biggest profit and the first loss,

0:32:490:32:52

but totalling a running profit of almost £222.

0:32:520:32:56

Chuko is behind in sales, having sold two lots,

0:32:560:33:00

making just over £178 profit.

0:33:000:33:03

Eric is in the lead

0:33:060:33:07

and he's hoping to push further towards the finishing line

0:33:070:33:10

by coming to Haslemere to plant the seeds of a good sale

0:33:100:33:13

with flower shop manager Lucy

0:33:130:33:15

and grow a pretty profit from the slop pail that cost him £30.

0:33:150:33:19

What I do notice about your place is you're really big on what I call

0:33:210:33:24

inventive displays.

0:33:240:33:25

We're absolutely spoiled for all the beautiful things that we have in the

0:33:250:33:29

shop, so, yeah, it's lovely.

0:33:290:33:31

Well, I've brought along a beautiful thing.

0:33:310:33:33

-Well, I think it's beautiful.

-Yeah.

0:33:330:33:35

It might have been described as utilitarian

0:33:350:33:38

when it was first put to use.

0:33:380:33:40

Made by Royal Doulton, up at their Burslem factory in Stoke-on-Trent.

0:33:400:33:45

-OK.

-Probably in about 1905.

0:33:450:33:49

-Yeah.

-So it probably qualifies as Edwardian.

0:33:490:33:52

But I just thought it was a wonderful splash of colour.

0:33:520:33:55

It's a printed design

0:33:550:33:57

and then they've hand-coloured on top of the printed design.

0:33:570:34:01

-Oh, OK.

-So when I saw that, I thought of your place.

0:34:010:34:06

-Do you think it would work?

-I think it would, yeah.

0:34:060:34:09

I think it's really, really beautiful.

0:34:090:34:11

-Excellent.

-Yeah, really lovely.

0:34:110:34:13

All right, I'm going to pitch

0:34:130:34:15

-somewhere in the region of about £80 for it.

-OK.

0:34:150:34:19

But you come back at me.

0:34:190:34:21

I'd say around 60.

0:34:210:34:22

If I push you an extra £10, is that going to work?

0:34:220:34:25

How about I met you in the middle at 65?

0:34:270:34:29

OK. Meet in the middle, £65.

0:34:290:34:32

-Lovely.

-You've got a deal.

0:34:320:34:34

Eric makes £35 on the slop pail.

0:34:340:34:36

That's flower power!

0:34:360:34:38

So, that would be, like...

0:34:380:34:41

-Well, that probably like so, would it?

-Yeah.

0:34:410:34:44

So, I just need to think this out.

0:34:440:34:48

It's not 100% perfect.

0:34:480:34:50

-It's a good work in progress.

-Is it?

0:34:500:34:52

Eric's flower-arranging skills might be lacking,

0:34:520:34:55

but he knows how to arrange a sale

0:34:550:34:58

and he sells his stationery box and mahogany box

0:34:580:35:01

for a further profit of just over £20.

0:35:010:35:04

Chuko is now trailing behind 2-4,

0:35:040:35:06

but he's hoping to cook up some profits in London

0:35:060:35:09

with his third item.

0:35:090:35:11

I've got my pestle and mortar here all wrapped up.

0:35:110:35:14

I'm at Dom's house.

0:35:140:35:16

This guy's been integral in street food markets over the years

0:35:160:35:19

and I think he'll find good use for this.

0:35:190:35:21

Hopefully, I can grind a profit out of him.

0:35:210:35:23

So, with a purchase price of £74,

0:35:250:35:27

will the pestle and mortar bring in a profit now?

0:35:270:35:30

-Where did you find this thing, man?

-I actually got it in an auction.

0:35:320:35:35

-Really?

-So it's circa 1900.

0:35:350:35:37

It's beautiful. It's big. Not sure if it's going to fit in my kitchen.

0:35:370:35:41

-But it's lovely.

-Is that a bargaining tactic?

0:35:410:35:43

-I'm just being straight up with you, man.

-Just being real?

-Yeah, I'm just being real.

0:35:430:35:46

-I like it.

-Do you know why I thought of you?

0:35:460:35:48

Because for me, when I think of food and I think of drinks,

0:35:480:35:51

-I think of you.

-I hear you, man.

0:35:510:35:53

I'm not sure if I need a bird bath, though, bruv.

0:35:530:35:55

THEY LAUGH

0:35:550:35:57

Do you know what I mean, though?

0:35:570:35:59

But it's cool and we can definitely make this work.

0:35:590:36:01

It's a solid piece. It's been around a long time.

0:36:010:36:04

I even... I like these little nibbles and little knocks out of it.

0:36:040:36:06

-Gives it a bit of character, yeah.

-I think this may have been replaced.

0:36:060:36:09

-That end.

-That's very clean, isn't it?

0:36:090:36:11

-That's pretty new.

-And that's all walnut, solid.

0:36:110:36:14

-OK.

-And it's just a lovely thing.

0:36:140:36:16

-So, how much are you looking for it?

-I want to be fair.

0:36:160:36:19

I was thinking 150.

0:36:190:36:21

OK... I can see why you're thinking that.

0:36:210:36:24

How old did you say this is, 120 years?

0:36:250:36:27

I was going to give you a pound for every year.

0:36:270:36:29

-So if we say...

-125 years!

0:36:290:36:32

Yeah!

0:36:320:36:33

THEY LAUGH

0:36:330:36:35

-125, come on.

-125.

0:36:350:36:37

Well done. Brilliant.

0:36:370:36:38

Chuko grinds out a profit of £50.60

0:36:380:36:42

and they toast the sale with a cup of Moroccan mint tea.

0:36:420:36:46

-Cheers.

-Nice one, man.

0:36:460:36:48

And he makes further profits from his G Plan tables,

0:36:480:36:51

selling them to Sophie, who works at a London coffee shop.

0:36:510:36:55

-It looks really, really good, so I would go for 125, then.

-Brilliant.

0:36:550:36:58

Chuko makes just over £90 profit on the nest of tables.

0:36:580:37:02

He's got one item to go,

0:37:020:37:04

but in Marlow, Eric is also down to his last.

0:37:040:37:08

There's been a floral theme to his purchases,

0:37:080:37:10

but will the mystery flower girl that cost just over £99

0:37:100:37:14

wilt under the gaze of vintage shop owner Sara?

0:37:140:37:18

Well, I brought along a lady that initially I thought

0:37:180:37:23

was an English flower,

0:37:230:37:25

but I've come round to the reasoning that what I'm looking at

0:37:250:37:30

-is probably a Fraulein.

-Ah!

0:37:300:37:32

So, let me introduce you to my flower girl.

0:37:320:37:35

-Has she got a name?

-Well, I'm tempted to call her Gretel.

0:37:350:37:38

The thing that fascinates me about this...

0:37:380:37:41

Because, you know me, I'm a pot man, is the way it's been made.

0:37:410:37:45

It's been made in such a way that it's not mass-produced

0:37:450:37:49

because it's all hand-painted.

0:37:490:37:52

The frustration about it is that it's not signed.

0:37:520:37:55

And I don't mind admitting that when I bought that, I thought,

0:37:550:37:59

"I'm sure I can find out who made it."

0:37:590:38:01

And I've done a lot of homework,

0:38:010:38:03

but what I do love is this design on this girl's gown

0:38:030:38:08

because the more I look at that,

0:38:080:38:11

the more I see that being a sort of a Viennese-y type of decoration.

0:38:110:38:15

So, what do you think, Sara? Has she spoken to you?

0:38:150:38:19

She's not the sort of thing I would normally go for

0:38:190:38:22

but, actually, she's speaking to me now, just more as

0:38:220:38:26

an interest than the person that she is, if you like.

0:38:260:38:29

So, yeah, yeah, I think I'd be interested in giving her a go.

0:38:290:38:32

Gretel, by the way, she is bilingual,

0:38:320:38:35

so what she's saying to you is, "Buy me."

0:38:350:38:37

-Is she, now?

-Yes, that's exactly what she's saying to you.

0:38:370:38:40

I was hoping that I might get somewhere in the region of around

0:38:400:38:44

-about £80 for her, but...

-OK.

0:38:440:38:46

-50?

-50...

0:38:460:38:48

Shall we do her 55?

0:38:480:38:50

Why don't we do her 55?

0:38:500:38:51

-£55.

-Done.

-OK.

0:38:510:38:52

-Thank you.

-Thank you.

0:38:520:38:54

-Welcome, Gretel.

-OK?

0:38:540:38:56

Thank you. And, Gretel...

0:38:560:38:58

Auf Wiedersehen, mein Liebchen.

0:38:580:39:00

Yes, well, Eric loses just over £44 on his final sale.

0:39:000:39:06

Now, you're probably wondering,

0:39:060:39:07

why on earth did I sell that figurine at a loss?

0:39:070:39:10

Well, the fact is that when I bought it,

0:39:100:39:13

a profit was always going to be dependent upon me finding out

0:39:130:39:17

who the maker was and, alas, I came a cropper.

0:39:170:39:20

Yes, I bought it with my heart and not with my head.

0:39:200:39:24

And if you're watching, Chuko, stop chuckling!

0:39:240:39:28

Eric is done, but Chuko is in Taunton with one item to go -

0:39:280:39:32

his 1970s paperweights that cost £93,

0:39:320:39:36

but will baronet Sir Benjamin Slade

0:39:360:39:38

want them for his extensive family home?

0:39:380:39:41

I've got these Caithness paperweights.

0:39:410:39:44

I bought them at auction.

0:39:440:39:45

-Yeah.

-And they just caught my eye.

0:39:450:39:47

And I've got a bit of a magpie's eye.

0:39:480:39:50

And I'm hoping that you have, too.

0:39:500:39:52

I thought they'd make a great gift or...

0:39:520:39:53

-Where did you buy them?

-In Colchester.

0:39:530:39:56

-Oh, yeah?

-It was one of the few collectable things that I recognised

0:39:560:39:59

there, so I'm hoping that you can show me a profit in there.

0:39:590:40:02

Very handy to give a girlfriend, or I could

0:40:020:40:05

just sort of put them on the paper to stop it blowing around in some of

0:40:050:40:09

-the bedrooms.

-Yeah.

0:40:090:40:10

Because we need...

0:40:100:40:12

I really need about 34 of them because I've got 34 bedrooms.

0:40:120:40:15

-I'm going to come back to you!

-Yeah.

0:40:150:40:18

So, I mean, reasonably, I thought £20 a head.

0:40:180:40:22

140. That's just straight up.

0:40:220:40:24

I didn't want to go...

0:40:240:40:25

Well, I don't know.

0:40:260:40:28

-I think...

-I started too low.

0:40:280:40:30

..I'd call it 120.

0:40:300:40:33

Can I nudge you up just a touch?

0:40:330:40:35

-A touch?

-Just a touch.

0:40:350:40:37

-130.

-No, no, no, 125.

0:40:370:40:39

125, that's fair.

0:40:390:40:40

-Thank you.

-Thanks, then.

0:40:400:40:42

So, Chuko makes a final profit of £32 for the paperweights

0:40:420:40:46

and he's done and dusted.

0:40:460:40:48

It's almost time to reveal who's won, but before we do,

0:40:480:40:51

let's remind ourselves of how much our experts spent.

0:40:510:40:54

From a £1,000 budget, Eric made five purchases and spent £512.12.

0:40:560:41:02

Chuko matched his five items but, after his upcycling costs,

0:41:020:41:06

spent £413.88.

0:41:060:41:09

All the money from this challenge

0:41:090:41:11

will go to Eric and Chuko's chosen charities, so let's find out

0:41:110:41:14

who is the Put Your Money Where Your Mouth Is champion.

0:41:140:41:18

-How are you doing?

-I'm good, Eric. How are you?

-I'm fine.

0:41:180:41:21

Would you say that the auction world is your natural habitat?

0:41:210:41:24

-I don't think it is.

-No?

-It's just that air of desperation

0:41:240:41:27

-that you've got to buy something and if you miss a lot...

-Yeah.

0:41:270:41:31

-The odds are against you, aren't they?

-It's a lottery, isn't it?

0:41:310:41:33

Yeah. Tough, tough.

0:41:330:41:35

-So... But you did buy.

-I did buy.

-Yeah. And what came good for you?

0:41:350:41:39

I loved my bone letters. I did something very special.

0:41:390:41:41

I turned them into these lovely little trinkets.

0:41:410:41:44

-I didn't pierce them...

-No?

-Because they're beautiful objects,

0:41:440:41:46

but they were just placed inside these lovely necklaces.

0:41:460:41:49

-In fact, a dog collar, as well.

-Oh, really?

0:41:490:41:52

So a dog's walking around with a little 19th-century bone letter.

0:41:520:41:55

Somewhere in central London, obviously.

0:41:550:41:57

Obviously! Yeah. How about you?

0:41:570:41:59

Well, I suppose the highlight really for me were the botanical drawings.

0:41:590:42:03

Because they are now in a national institution.

0:42:030:42:07

-They were lovely.

-They were lovely.

-I wish I'd bought those.

-Yes.

0:42:070:42:10

So, erm...

0:42:100:42:11

shall we do the business?

0:42:110:42:13

Three, two, one...

0:42:130:42:14

-Ooh!

-Still healthy.

0:42:170:42:18

-Still healthy!

-Edged. I've edged away.

0:42:180:42:21

You have. You have as well, well done.

0:42:210:42:23

Well done, he said, through gritted teeth.

0:42:230:42:25

THEY LAUGH

0:42:250:42:27

Now, this is a wonderful garden.

0:42:270:42:29

I'm going to show you a very interesting tree. Come on.

0:42:290:42:31

Yes, after Eric made two losses, Chuko is victorious,

0:42:310:42:35

making money on every item sold.

0:42:350:42:37

We've both made respectable profits.

0:42:380:42:40

The auction's so difficult.

0:42:400:42:43

I'm surprised I managed to pip Eric at that one.

0:42:430:42:45

I think what I did was adding value.

0:42:450:42:47

Those bone carved letters were beautiful,

0:42:470:42:50

but I think I made them more beautiful.

0:42:500:42:52

Well, by their very nature,

0:42:520:42:53

auctions are something of a lottery and you need a sleeper,

0:42:530:42:57

something that nobody else recognises.

0:42:570:42:59

I thought I'd found her in the pottery girl, the flower seller,

0:42:590:43:03

but unfortunately, I couldn't track her down

0:43:030:43:06

and it made the difference between victory and defeat. Defeat for me.

0:43:060:43:11

But tomorrow,

0:43:110:43:13

Eric gets to fight again at a car-boot sale in Chesterfield.

0:43:130:43:16

It's a mighty battle as Eric Knowles faces Ochuko Ojiri at an auction in Colchester. Old hand Eric tries his luck with a Victorian whatnot, and Ochuko attempts to dazzle with an ambitious and expensive jewellery project. But who will come out on top?