Mark Franks v Philip Serrell - Auction

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0:00:02 > 0:00:04This is Put Your Money Where Your Mouth Is,

0:00:04 > 0:00:07the show that pitches TV's best-loved antiques experts

0:00:07 > 0:00:11against each other in an all-out battle for profit...

0:00:11 > 0:00:13Let's make hay while that sun shines.

0:00:13 > 0:00:16..and gives you the insider's view of the trade.

0:00:17 > 0:00:19Who's there?

0:00:19 > 0:00:21Each week, one pair of duelling dealers

0:00:21 > 0:00:24will face a different daily challenge...

0:00:24 > 0:00:27The original cheeky chappie, lovely!

0:00:27 > 0:00:30..putting their reputations on the line...

0:00:30 > 0:00:31And I'm truly rocking.

0:00:33 > 0:00:35..and giving you their top tips

0:00:35 > 0:00:39and savvy secrets on how to make the most money from buying and selling.

0:00:40 > 0:00:42Get in there!

0:00:44 > 0:00:47Today, profit professor Mark Franks goes up against

0:00:47 > 0:00:50antiques powerhouse Philip Serrell at an auction house in Essex.

0:00:52 > 0:00:55Coming up, Phil takes his eye off the ball...

0:00:55 > 0:00:57You go to an auction, you start talking, you don't concentrate,

0:00:57 > 0:01:00what happens? You miss the lot you came for!

0:01:00 > 0:01:03..Mark hits the profit buffers...

0:01:03 > 0:01:06We would ask for it to be donated or...

0:01:06 > 0:01:08I wish you'd stop using that word, "donated".

0:01:08 > 0:01:11..and a Victorian secret comes out of the box.

0:01:11 > 0:01:14You can see these lines running down it, OK?

0:01:14 > 0:01:15This was done a lot in Victorian times,

0:01:15 > 0:01:19and they've been grained with a feathery paintbrush

0:01:19 > 0:01:21to make it look like a better material than pine.

0:01:21 > 0:01:24This is Put Your Money Where Your Mouth Is.

0:01:37 > 0:01:41Ladies, gentlemen and thrill-seekers, buckle down, belt up

0:01:41 > 0:01:45and prepare yourselves for today's titanic tussle.

0:01:45 > 0:01:48Our pair of courageous captains will be charting a course through

0:01:48 > 0:01:51the rough seas of buying and selling, all the while avoiding

0:01:51 > 0:01:54the whirlpools and currents set to push them over the edge.

0:01:54 > 0:01:57And no life rafts here. This is an auction,

0:01:57 > 0:02:00so it really is a case of sink or swim.

0:02:01 > 0:02:04First up, a lovable dealer whose peepers are permanently peeled

0:02:04 > 0:02:06for a perfect profit.

0:02:06 > 0:02:08Always hot on the trail of a killer deal,

0:02:08 > 0:02:13this super-skilled South Londoner is a charmer with all the right chat.

0:02:13 > 0:02:15He's got a quick wit, he'll never quit, it's...

0:02:18 > 0:02:22In the words of Captain Mainwaring, "Don't tell him your name, Pike!"

0:02:24 > 0:02:26And he has a fearsome adversary -

0:02:26 > 0:02:29a warrior with over 35 years of auctioneering know-how

0:02:29 > 0:02:31at his fingertips.

0:02:31 > 0:02:35This antiques authority bangs his gavel like the best of them

0:02:35 > 0:02:37and he's got a killer character to match.

0:02:37 > 0:02:41He's cunning, he's clever, he hails from Worcestershire, it's...

0:02:43 > 0:02:47An auctioneer is not a man to be on nodding terms with.

0:02:47 > 0:02:50And auctioneer Phil is at an advantage today,

0:02:50 > 0:02:51what with us being at an auction.

0:02:51 > 0:02:54We're at Stacey's Saleroom in Rayleigh in Essex.

0:02:54 > 0:02:58As our opponents sharpen their senses, and step into the arena,

0:02:58 > 0:03:01they'll have to draw on their tiptop tactics to outsmart,

0:03:01 > 0:03:03outbid and outwit each other.

0:03:03 > 0:03:07They've both come armed with £1,000 of their own money to spend,

0:03:07 > 0:03:10so there's plenty of room for mischievous manoeuvres.

0:03:10 > 0:03:13Antiques contests don't get any better than this,

0:03:13 > 0:03:17so, Mark Franks and Phil Serrell, ready yourselves,

0:03:17 > 0:03:20it's now time to put your money where your mouth is!

0:03:20 > 0:03:24- Mr Franks, how are you, sir? Are you well?- Yes, fine, thank you very much.

0:03:24 > 0:03:26- A lovely day in sunny Essex. - Absolutely.

0:03:26 > 0:03:27I've got my catalogue, look.

0:03:27 > 0:03:31That's one thing I've forgotten, but I did look on the World Wide Web.

0:03:31 > 0:03:33I've seen everything in the sale, I've marked loads of items.

0:03:33 > 0:03:36But everything I've marked turns out to be in tomorrow's sale,

0:03:36 > 0:03:38so I can't buy it, so I've got to restart.

0:03:38 > 0:03:40Right, so what is your plan?

0:03:40 > 0:03:43To start back from the beginning and have a look from the start

0:03:43 > 0:03:45- because I've got no plan now. - Your plan is no plan.- Yes.

0:03:45 > 0:03:48My plan, I'm going to try and buy things that people can't reckon,

0:03:48 > 0:03:51which will probably include me, so it could be interesting.

0:03:51 > 0:03:53- You've got £1,000 to spend, mate. - It's going to go.

0:03:53 > 0:03:55- You've got a lot of work to do. - Let's have a day, shall we?

0:03:57 > 0:03:59Both our experts are going to be right up against it

0:03:59 > 0:04:02as they must battle with a roomful of bargain hunters.

0:04:02 > 0:04:04But it doesn't end there,

0:04:04 > 0:04:08they've got lots of pesky internet bidders to contend with, as well.

0:04:08 > 0:04:1048 and 50, internet bid.

0:04:10 > 0:04:13This task requires nerves of steel, cat-like reactions

0:04:13 > 0:04:18and buckets of know-how. So, how's Phil feeling about that?

0:04:18 > 0:04:20This business has changed dramatically.

0:04:20 > 0:04:22You can now get books, the internet,

0:04:22 > 0:04:24you can find out what everything's worth.

0:04:24 > 0:04:26So, if I've got a plan,

0:04:26 > 0:04:28I'm going to try and buy things that you can't put a price on.

0:04:28 > 0:04:30It'll make them easier to sell -

0:04:30 > 0:04:33hopefully, it might even make them easier to buy.

0:04:33 > 0:04:35Clever thinking there, Mr Serrell.

0:04:35 > 0:04:38Mark, however, messed up his preparation time

0:04:38 > 0:04:41so has serious ground to cover to catch up.

0:04:41 > 0:04:43The best laid plans of mice and men.

0:04:43 > 0:04:46I spent the whole evening on the wide world web

0:04:46 > 0:04:49looking at this auction and all the items I've earmarked are tomorrow.

0:04:49 > 0:04:52I can't be here tomorrow, so back to the beginning,

0:04:52 > 0:04:55I'm going to have to start from afresh with my trusty eyeglass,

0:04:55 > 0:04:58and start viewing this sale properly now.

0:04:58 > 0:05:00Yes, you're not wrong there,

0:05:00 > 0:05:03but Phil wants to see everything with his own eyes, too.

0:05:03 > 0:05:06And he's the first to spot an unusual lot.

0:05:06 > 0:05:11This is in the catalogue - a large, copper coal scuttle of a boat.

0:05:11 > 0:05:13I mean, that lifts up...

0:05:14 > 0:05:17..and the first thing to do, always look in the non-obvious places.

0:05:17 > 0:05:21If you look there, that has clearly had something done to it.

0:05:23 > 0:05:26Near where I live, there's a company that makes expensive motor yachts,

0:05:26 > 0:05:28and I think that'd look really cool in their reception,

0:05:28 > 0:05:31if I can convince them to buy it. What is it going to make?

0:05:31 > 0:05:34Well, I think you've got to give £150-£250 for that.

0:05:34 > 0:05:37But, always remember, there's a 20% premium in this room

0:05:37 > 0:05:39that I've got to pay on top of what I bid.

0:05:39 > 0:05:41Yes, it might not be plain sailing,

0:05:41 > 0:05:46and Phil has more choppy waters to navigate in this auction room.

0:05:46 > 0:05:48You see, he's got a little secret.

0:05:48 > 0:05:51One of the lots that I'm really, really interested in today

0:05:51 > 0:05:55is lot 505, but don't tell anybody, especially Mark Franks.

0:05:55 > 0:05:58Basically, it's an old tin hat box,

0:05:58 > 0:06:00looks like it's 20 or 30 quid's worth,

0:06:00 > 0:06:04but inside the box there's a little miniature oilcan

0:06:04 > 0:06:07and there's a lovely motorbike hill climb prize

0:06:07 > 0:06:11on a little plaque that someone's won and some other car bits and bobs.

0:06:11 > 0:06:13I think I've got a few car mates

0:06:13 > 0:06:15who would love to own something like that.

0:06:15 > 0:06:18Shhh! Don't tell anybody.

0:06:18 > 0:06:23(OK, Foxy, your secret's safe with us.)

0:06:23 > 0:06:26Across the room, Mark is feeling the pressure -

0:06:26 > 0:06:29the clock is ticking and he needs to sort out his plan of attack.

0:06:29 > 0:06:32When they say, "Don't panic,"

0:06:32 > 0:06:34you're getting very close to that panicking time.

0:06:35 > 0:06:37Just don't panic just yet.

0:06:37 > 0:06:39But get prepared to panic.

0:06:39 > 0:06:43Well, preparing to panic is a strategy of sorts, I suppose.

0:06:43 > 0:06:45Not necessarily a good strategy,

0:06:45 > 0:06:47but at least Mark's taking things seriously.

0:06:47 > 0:06:49Well, kind of.

0:06:49 > 0:06:52Look at this, this reminds me of Philip Serrell,

0:06:52 > 0:06:56he's like a cobra, ready to strike at any moment.

0:06:56 > 0:06:59That doesn't really interest me, but that is part of the lot.

0:06:59 > 0:07:02This is what I really like.

0:07:02 > 0:07:06What is it? It's a box. It's made of pine.

0:07:06 > 0:07:09You can see these lines running down it, OK?

0:07:09 > 0:07:13Those lines have been done with a feathery paintbrush

0:07:13 > 0:07:16and they've been grained to make it look like

0:07:16 > 0:07:18a better material than pine.

0:07:18 > 0:07:21This was done a lot in Victorian times. What's it worth?

0:07:21 > 0:07:23The estimate is 60 to 80 quid.

0:07:23 > 0:07:28You get the striking cobra, Philip Serrell, as part of the lot,

0:07:28 > 0:07:30but I like this.

0:07:30 > 0:07:33But the time for perusing has passed.

0:07:33 > 0:07:35Our towering titans must find their prime positions

0:07:35 > 0:07:39because this is a place where dreams are made and hearts are broken.

0:07:39 > 0:07:41Let's begin now with lot one.

0:07:41 > 0:07:43As the auction starts and the bang of the gavel

0:07:43 > 0:07:46begins to reverberate around the room...

0:07:46 > 0:07:48BOOM

0:07:48 > 0:07:50..all that groundwork is history.

0:07:50 > 0:07:54From here on in, it's only hands in the air that count.

0:07:54 > 0:07:58Mark and Phil are poised, but it's our fox who's preparing to dive in.

0:07:58 > 0:08:01He's interested in four glasses rimmed with English silver.

0:08:01 > 0:08:05At 35, any advances at 35? 38 is bid, £40.

0:08:05 > 0:08:1142, 45, 48, at 48 now on my left.

0:08:11 > 0:08:13Are we all done? Selling at 48.

0:08:13 > 0:08:157379, thank you.

0:08:15 > 0:08:18We're up and running. I'm really pleased with that. And my first lot.

0:08:18 > 0:08:19Yes, Phil's straight in there.

0:08:19 > 0:08:21Add that commission he was talking about,

0:08:21 > 0:08:25and the price rises to £57.60.

0:08:25 > 0:08:27I've just bought these and I really love them.

0:08:27 > 0:08:29They're little toddy glasses or shot glasses

0:08:29 > 0:08:31with a hallmarked silver rim around them.

0:08:31 > 0:08:35The real joy of these is they're nearly 125 years old - 1889.

0:08:35 > 0:08:38Assayed in London towards the back end of Queen Victoria's reign.

0:08:38 > 0:08:40Aren't they lovely things?

0:08:40 > 0:08:42Phil may have secured an early lead,

0:08:42 > 0:08:45but Mark isn't one to get left behind, oh, no!

0:08:45 > 0:08:49Right, the next lot is a pair of candlesticks,

0:08:49 > 0:08:52they are 1959, which is quite modern.

0:08:52 > 0:08:55The sort of clients I've got would want something a bit older,

0:08:55 > 0:08:57so if it starts high, I'm out.

0:08:57 > 0:09:01- A bit of interest in these. - "Bit of interest."

0:09:01 > 0:09:04At 210 I have, any advances at 210? 220.

0:09:04 > 0:09:06On my left and selling at 220...

0:09:08 > 0:09:10He can't quite believe it himself!

0:09:10 > 0:09:11Happy.

0:09:11 > 0:09:16A hefty first purchase from Mark, £264 including fees.

0:09:16 > 0:09:18More than a quarter of his total budget.

0:09:18 > 0:09:21So, what is it about them that caught his eye?

0:09:21 > 0:09:26This is a classical Corinthian column. This is called the capital.

0:09:26 > 0:09:32They're in good condition, fairly simple, fairly elegant,

0:09:32 > 0:09:35they're quite heavily polished, but not too much.

0:09:35 > 0:09:41They're made of silver, they're manufactured in Birmingham.

0:09:41 > 0:09:43And I think they're quite elegant.

0:09:43 > 0:09:47And Franksy sticks with silver for his next purchase -

0:09:47 > 0:09:49a baby's rattle with mother of pearl teething ring

0:09:49 > 0:09:52costs him £138, with fees.

0:09:53 > 0:09:56What a great christening present this would make.

0:09:56 > 0:09:58It's a nice thing, in great condition.

0:09:58 > 0:10:00If I don't make a profit out of this,

0:10:00 > 0:10:02I'll be throwing my toys out the pram.

0:10:02 > 0:10:05Oh, play nicely now, Mark! Because we could be heading for a squabble.

0:10:05 > 0:10:07We're still in the silver section,

0:10:07 > 0:10:10and up next is a card tray that both our bidders have marked up.

0:10:10 > 0:10:12This could get sticky.

0:10:12 > 0:10:15I quite like this little silver tray.

0:10:15 > 0:10:17- It's nice, isn't it? - What do you mean, it's nice?

0:10:17 > 0:10:19Well, it's OK, it's not really my sort of thing.

0:10:19 > 0:10:21I'd leave it alone, if I was you.

0:10:21 > 0:10:25At £100, now, any advances at 100? 10, 120.

0:10:25 > 0:10:26Not easy to be sneaky

0:10:26 > 0:10:30when you're standing next to your bidding rival, is it?

0:10:30 > 0:10:32130, 140.

0:10:32 > 0:10:33150, 160.

0:10:34 > 0:10:37- What?- At 160 now. £160, are we all done?

0:10:37 > 0:10:40I shall sell then at 160...

0:10:40 > 0:10:44He may have bought it, but Mr Serrell's mind games continue.

0:10:44 > 0:10:47Did you buy that? Oh, I bou... Oh, I bought it?!

0:10:47 > 0:10:50How did that happen then? It was in good order, wasn't it?

0:10:50 > 0:10:52Yeah, I think, to be honest, I think 150 was all the money,

0:10:52 > 0:10:55anyone that paid more than that was a complete wally.

0:10:55 > 0:10:57There's a lot of bidding bluffing going on,

0:10:57 > 0:10:59Mark loses out to the wily fox

0:10:59 > 0:11:02who picks up the tray for £192 including the commission.

0:11:04 > 0:11:08Just imagine, the Edwardian era, Upstairs Downstairs,

0:11:08 > 0:11:11and you went visiting into a really smart house.

0:11:11 > 0:11:14In the hall, on the table, you'd see a little tray like that,

0:11:14 > 0:11:16and you put your visiting card on there.

0:11:16 > 0:11:20They're called card trays. It's got all the hallmarks on it, 1909,

0:11:20 > 0:11:24but what lifts this one just up above the norm is that it is retailed

0:11:24 > 0:11:27by the Goldsmiths And Silversmiths Company, Regent Street in London.

0:11:27 > 0:11:33That's cost me £192. I hope I can get somewhere between 250 and 300 for it.

0:11:33 > 0:11:34I really, really like it.

0:11:34 > 0:11:36Well, Phil's clearly delighted.

0:11:36 > 0:11:39Having lost out already, Mark's keen to get another purchase

0:11:39 > 0:11:40under his belt.

0:11:40 > 0:11:44And he thinks he's found something to serve up a nice little profit.

0:11:44 > 0:11:48OK, the next lot is the set of salts, boxed with spoons.

0:11:48 > 0:11:51They're Victorian, they've got a bit of age to them,

0:11:51 > 0:11:53I think they're undervalued in the catalogue.

0:11:53 > 0:11:56The estimate is 40 to 60,

0:11:56 > 0:11:59auctioneers have a little saying, "Start 'em low, watch 'em go."

0:11:59 > 0:12:01I think this is the case here.

0:12:01 > 0:12:05If I buy them between 40 and 60, champagne's on me.

0:12:05 > 0:12:09At 50, advance if you wish, at £50, and 5, 60 bid, 65,

0:12:09 > 0:12:11you finished at 65?

0:12:11 > 0:12:1470. 70 on the internet. Against you.

0:12:14 > 0:12:1675, 80 on the internet.

0:12:16 > 0:12:1885, 90 against you.

0:12:18 > 0:12:2195. 95 in the room.

0:12:21 > 0:12:24Fair warning, last chance, £95.

0:12:24 > 0:12:25Thank you.

0:12:25 > 0:12:29Yes, Franksy holds his nerve and pays another chunk of cash,

0:12:29 > 0:12:31£114, including fees.

0:12:31 > 0:12:36So, do the salts match up to expectation on closer inspection?

0:12:36 > 0:12:40These are salts. You put your salt in there.

0:12:40 > 0:12:43Made of silver, imagine a big, grand table,

0:12:43 > 0:12:46and somebody's come round for dinner. Salt was very expensive,

0:12:46 > 0:12:48so you'd put your salt in there

0:12:48 > 0:12:51and you'd take a tiny little bit with your spoon

0:12:51 > 0:12:53and you'd whizz it on your dinner.

0:12:53 > 0:12:55You wouldn't have too much.

0:12:55 > 0:12:56Lovely, lovely box.

0:12:56 > 0:13:00Oh, very posh. Our boys are certainly spending their money.

0:13:00 > 0:13:02Every single thing they've bought is silver,

0:13:02 > 0:13:04so who's on his way to lands of plenty,

0:13:04 > 0:13:07and who's stuck in the middle of nowhere without a sat nav?

0:13:08 > 0:13:12Mark and Phil both started the day with £1,000 of their own money.

0:13:12 > 0:13:14Franksy has been buying big,

0:13:14 > 0:13:20and has bagged three items for £516, leaving £484 in his kitty.

0:13:20 > 0:13:22Phil is a little behind,

0:13:22 > 0:13:25two lots bought for almost £250,

0:13:25 > 0:13:30meaning he still has just over £750 play with.

0:13:31 > 0:13:34Our two saleroom stallions must continue apace,

0:13:34 > 0:13:36because it's very much all to play for.

0:13:36 > 0:13:40And Phil is nervous, that hat box and its hidden motoring contents

0:13:40 > 0:13:44he tried so hard to keep secret is about to come up.

0:13:44 > 0:13:47Any minute now, coming up is the car bits, which I really want.

0:13:47 > 0:13:50It just depends how much they cost.

0:13:50 > 0:13:53Start the bidding at £40. Here on commission at £40.

0:13:53 > 0:13:57Phil looking understandably anxious as he makes the first bid.

0:13:57 > 0:14:01At £55, 60 on the internet against you, sir.

0:14:01 > 0:14:0465 is bid. At £65. In the room at £65.

0:14:04 > 0:14:0670 against you, 75.

0:14:06 > 0:14:11An internet bidder pushes the price higher. Will Phil stick with it?

0:14:11 > 0:14:1385 now, in the room at 85.

0:14:13 > 0:14:16Internet bidder, 90 against you, sir. 95.

0:14:16 > 0:14:19- This is too much money. - 95 is bid. 100 against you.

0:14:19 > 0:14:21110, 120.

0:14:23 > 0:14:25- 130.- Really is too much money.

0:14:25 > 0:14:27Last chance, internet bidder, I'm selling to the room...

0:14:27 > 0:14:31at £130. Hammer's going down.

0:14:31 > 0:14:34- 130, thank you, sir. - That just cost me a lot of money.

0:14:34 > 0:14:36That was tense! He got it in the end,

0:14:36 > 0:14:39despite the persistent internet interest.

0:14:39 > 0:14:44All up, Phil pays £156, with fees, and he's taken a battering.

0:14:45 > 0:14:48The thing about this, you know, is I'm normally sat up there

0:14:48 > 0:14:51as the auctioneer and I've got the internet screen here flashing away

0:14:51 > 0:14:54and there's people bidding on the net and it's great.

0:14:54 > 0:14:58When you are sitting or standing here, trying to bid,

0:14:58 > 0:15:01actually, it's probably not so good, really.

0:15:01 > 0:15:03They're there all the time, internet bidders,

0:15:03 > 0:15:07and it's making me pay more than I wanted to.

0:15:07 > 0:15:10Phil feels the pain of being on the other side of the rostrum.

0:15:10 > 0:15:13Auctions are an increasingly global marketplace,

0:15:13 > 0:15:16so how will Franksy fare as he goes up against the world

0:15:16 > 0:15:19for that box and cobra he spotted earlier?

0:15:19 > 0:15:23£50, 5 anywhere? 55, 65, I am out.

0:15:23 > 0:15:2565 now, 70 is a new bidder.

0:15:25 > 0:15:28- One more.- 75, 75 is on my left.

0:15:28 > 0:15:30At £75, are we all done?

0:15:30 > 0:15:31At 75.

0:15:33 > 0:15:36Thank you, sir, £75 at 7380.

0:15:36 > 0:15:39OK, I paid more than I really wanted to, to be honest.

0:15:39 > 0:15:4275's a lot of money.

0:15:42 > 0:15:43Yes, it is tough out there.

0:15:43 > 0:15:46Mark slithers off with the snake and box combo.

0:15:46 > 0:15:48Including commission, he pays £90.

0:15:49 > 0:15:51But he's not one to lick his wounds.

0:15:51 > 0:15:53His hand's soon in the air again,

0:15:53 > 0:15:57this time for a metal box embellished with flowers.

0:15:57 > 0:15:59£32, are we all done?

0:15:59 > 0:16:027380, thank you.

0:16:02 > 0:16:04Add in the fees, it comes to £38.40.

0:16:04 > 0:16:07So, what's Mark got to show for his money?

0:16:07 > 0:16:11Just bought this, it is a Koran holder.

0:16:11 > 0:16:14It's in nice condition, I think it's got a bit of age,

0:16:14 > 0:16:1560-80 years old.

0:16:15 > 0:16:18It's made of some form of aluminium.

0:16:18 > 0:16:22Koran goes in there, put the lid on, wear it round your belt,

0:16:22 > 0:16:25so can have a little pray every time you want to.

0:16:25 > 0:16:29Roughly 40 quid, I think it's got a real chance of showing me a profit.

0:16:30 > 0:16:32Franksy's feeling optimistic.

0:16:32 > 0:16:36Will all that change when he sees Phil charging towards him?

0:16:36 > 0:16:39- How have you got on?- I'm struggling, mate, I haven't bought much.

0:16:39 > 0:16:42Anything I have bought, I've paid over the odds. What about you?

0:16:42 > 0:16:45I seem to think of a number, multiply it by three

0:16:45 > 0:16:48add a nought on and then Serrell's your man, you know.

0:16:48 > 0:16:50Not for me, buying this cheap stuff.

0:16:50 > 0:16:52Oh, no, no, no.

0:16:52 > 0:16:53I think I'm in deep trouble.

0:16:53 > 0:16:56I'm going to see if I can make a fool of myself on something else.

0:16:56 > 0:16:58I'll be back.

0:16:58 > 0:17:00Did Franksy just say he's not bought much?

0:17:00 > 0:17:02Has he forgotten what's been going on?

0:17:02 > 0:17:06Now, I might have been telling little pork pies to Phil there,

0:17:06 > 0:17:10because to be honest, Mr Serrell, I have bought more than enough.

0:17:10 > 0:17:12And I told him I'm struggling,

0:17:12 > 0:17:17I think the fact of the matter is it's Mr Serrell that's struggling.

0:17:17 > 0:17:21Oh, tactics. And it looks like Franksy's fibs have fooled Foxy -

0:17:21 > 0:17:23he's all of a fluster

0:17:23 > 0:17:26and could be about to commit the cardinal sin of the saleroom.

0:17:26 > 0:17:29I'm coming back to bid on lots that I don't actually want,

0:17:29 > 0:17:31and this is one of them.

0:17:31 > 0:17:35Sounds worrying. He's taking his chances on a pair of wooden boxes.

0:17:35 > 0:17:3855, at £55, any advances now?

0:17:38 > 0:17:4160, at £60 is bid on my left.

0:17:41 > 0:17:43At £60, are we all done and selling at 60?

0:17:44 > 0:17:49- That's yours, sir. - Why? Why? Why? Why?

0:17:49 > 0:17:51# Why, Delilah? #

0:17:51 > 0:17:53That's a question only you can answer.

0:17:53 > 0:17:57The wooden boxes cost Phil £72, including fees.

0:17:57 > 0:17:59So, what's the verdict on them?

0:17:59 > 0:18:02That's quite a nice, eastern box.

0:18:03 > 0:18:06Bit of a relief that, it's better than I thought it was.

0:18:06 > 0:18:09It's got a lovely silver mirror in the back here

0:18:09 > 0:18:11and it's all worn to bits,

0:18:11 > 0:18:16but if you want to see shabby chic, that is shabby chic.

0:18:16 > 0:18:19I'm sort of OK with that. That's quite nice.

0:18:19 > 0:18:22This is all sorts of different woods.

0:18:22 > 0:18:24That's quite a nice little cigar box.

0:18:24 > 0:18:26So, you know what? That's cost me 70 quid.

0:18:27 > 0:18:30There's almost a bit of relief there.

0:18:30 > 0:18:31Phil is pleased with the boxes.

0:18:31 > 0:18:34Yes, that's what he looks like when he's pleased!

0:18:34 > 0:18:38He may have dodged a bullet but the unseen shots come raining down.

0:18:38 > 0:18:42He soon buys a 19th-century bronze statue...

0:18:42 > 0:18:45The hammer's up against you on the telephones at 180.

0:18:45 > 0:18:49..paying £216, including the commission.

0:18:49 > 0:18:52There's a little bit of the old-fashioned antique dealer in me,

0:18:52 > 0:18:54and I think this is a really good quality item.

0:18:54 > 0:18:58It's a thing that can decorate a room and fit in any purpose.

0:18:58 > 0:19:01Just a little interesting snippet for you.

0:19:01 > 0:19:03Do you know how you tell the difference

0:19:03 > 0:19:06between an 18th-century bronze and a 19th-century bronze?

0:19:06 > 0:19:07Well, let me share it with you.

0:19:07 > 0:19:11In the 19th century, they used to cover men's bits up with a leaf

0:19:11 > 0:19:13because Victoria and all of her loyal subjects

0:19:13 > 0:19:15didn't like that type of thing.

0:19:15 > 0:19:18Whereas, in the 18th century, there were no leaves.

0:19:18 > 0:19:20It's an easy way to date something.

0:19:20 > 0:19:22Yeah, good tip there from Mr Serrell

0:19:22 > 0:19:24for anyone looking to buy...a naked man.

0:19:24 > 0:19:27Both our boys are old hands at this bidding lark.

0:19:27 > 0:19:31Mark there, professional as ever, watching like a hawk,

0:19:31 > 0:19:33and Phil...getting distracted

0:19:33 > 0:19:36and missing the one thing that he really wanted!

0:19:36 > 0:19:40Clocking his major error, he makes the rather unusual step

0:19:40 > 0:19:42of approaching the auctioneer.

0:19:42 > 0:19:44If the coal scuttle didn't sell,

0:19:44 > 0:19:46Phil might still be able to get his hands on it.

0:19:46 > 0:19:48He's not looking happy, though.

0:19:48 > 0:19:50What's the deal, Mr Fox?

0:19:50 > 0:19:53That was a classic schoolboy error.

0:19:53 > 0:19:56You go to an auction, you start talking, you don't concentrate,

0:19:56 > 0:20:00what happens? You miss the lot you came for! I just missed this boat.

0:20:00 > 0:20:03Luckily, I went up to the auctioneer, saw him and spoke to him.

0:20:03 > 0:20:05He didn't sell it and I can buy it for 120 quid,

0:20:05 > 0:20:10which is what I've just done. Big relief, let me tell you.

0:20:10 > 0:20:12Definitely a lucky escape for the Fox.

0:20:12 > 0:20:15He still has to pay the normal fees, mind, and, all in,

0:20:15 > 0:20:17the boat costs him £144.

0:20:18 > 0:20:22Maybe Phil needs a lie down in a dark room.

0:20:22 > 0:20:25No rest for Franksy, though, he's taking to the skies.

0:20:25 > 0:20:28A number of reels of aviation films are about to come up

0:20:28 > 0:20:31and he's hoping they'll pass under the room's radar.

0:20:31 > 0:20:34I don't want to pay a lot of money for these.

0:20:34 > 0:20:37Estimate, 30-50. I'd be much happier nearer 30.

0:20:38 > 0:20:42No phones are up, the internet looks dead. The room's fairly empty.

0:20:42 > 0:20:43Probably make 200.

0:20:43 > 0:20:45Useful lot, £20 is bid.

0:20:45 > 0:20:47At £20, 22?

0:20:47 > 0:20:48At 22, 25?

0:20:48 > 0:20:51At £25, are we all done at £25?

0:20:51 > 0:20:5228 is bid.

0:20:52 > 0:20:54At 28 in the room.

0:20:54 > 0:20:58At £28 now, 30 against you, sir. 32?

0:20:58 > 0:21:0132 now in the room at 32. 35?

0:21:01 > 0:21:03- 40, sir.- 40 is bid.

0:21:03 > 0:21:06It's my last offer, 40, in or out, in or out, 40.

0:21:06 > 0:21:09- Any advances at £40?- Final bid.

0:21:09 > 0:21:11At £40 and selling to you, sir, at 40...

0:21:12 > 0:21:13GAVEL BANGS

0:21:13 > 0:21:15That worked!

0:21:15 > 0:21:18With fees, Mark pays £48 for the film reels.

0:21:18 > 0:21:20Let's hope his profits soar.

0:21:22 > 0:21:24But he's not done there.

0:21:24 > 0:21:27He's found out about Phil's hatbox with the secret stash

0:21:27 > 0:21:31of motoring memorabilia and attempts something a little unorthodox.

0:21:33 > 0:21:35I tell you what, I love the box, what's all the stuff inside?

0:21:35 > 0:21:38- That's what I wanted, I didn't want the box.- You wanted the stuff inside?

0:21:38 > 0:21:40I want that, I don't want that.

0:21:40 > 0:21:43- This could be the marriage made in heaven.- £155.

0:21:43 > 0:21:46- No!- What do you mean no?- 20 quid.

0:21:46 > 0:21:50- Anyway, I think...- What do you want for it, then? Come on.

0:21:50 > 0:21:52- I should have got 40 quid for that. - I'll give you 25.

0:21:54 > 0:21:5530 quid and it's yours.

0:21:57 > 0:21:59- You're a gentleman.- Deal.

0:21:59 > 0:22:01Mark pays £30 for Phil's hatbox

0:22:01 > 0:22:04and brings the buying to an unexpected conclusion.

0:22:04 > 0:22:07So let's look at the final figures.

0:22:07 > 0:22:11Each of our dealers started out with £1,000 of their own money.

0:22:11 > 0:22:14Mark bought six lots plus Phil's hatbox.

0:22:14 > 0:22:16All up it cost him £722.40.

0:22:18 > 0:22:21Phil also bought six lots

0:22:21 > 0:22:24but spent a fair bit more, £837.60.

0:22:24 > 0:22:29But he's already got £30 of that back from Franksy.

0:22:29 > 0:22:31So before they start the slog of selling,

0:22:31 > 0:22:34let's see what our battling bidders managed to bring in.

0:22:34 > 0:22:38- How did you get on, then?- I spent a lot of money. I'm surprised.

0:22:38 > 0:22:42- I keep waiting for the other stuff to turn up.- Regrettably, this is it.

0:22:42 > 0:22:45- I've got to be honest, my opinion has changed.- Has my boat come in?

0:22:45 > 0:22:49Initially when I saw it and it was up the top, I didn't like it,

0:22:49 > 0:22:51but now I'm looking down on it, I really like it.

0:22:51 > 0:22:56- I quite like my Philip Serrell... - The snake.- The snake, poised.

0:22:56 > 0:22:59- Let me tell you, the best result I had today...- Go on.

0:22:59 > 0:23:02This was the lot I really wanted, this little bit of automobilia.

0:23:02 > 0:23:05- OK? So I bought that. I paid so much money.- Yeah.

0:23:05 > 0:23:09You wouldn't believe, look at that, some idiot comes up

0:23:09 > 0:23:13- and says I'll have that box off you. - No way!- Honestly, 30 quid he paid for it.- 30 quid!- 30 quid.

0:23:13 > 0:23:16- That was a real result.- We've got our work cut out now, mate.

0:23:16 > 0:23:19- Shall we go and make a start?- I think we should go and have a pint.

0:23:19 > 0:23:21- Do you want to buy any more of my stuff?- No.

0:23:24 > 0:23:26Yes, it's that time again

0:23:26 > 0:23:29when our two mild-mannered purchasing powerhouses

0:23:29 > 0:23:33change in a blur to become superheroes of selling

0:23:33 > 0:23:36and ensure that their profits fly.

0:23:36 > 0:23:39The deals will be thick and fast.

0:23:39 > 0:23:43They'll need laser-like vision to track down the very best buyers

0:23:43 > 0:23:46and, in his secret South London hideout, super seller Mark

0:23:46 > 0:23:51is going over his purchases and putting together his action plan.

0:23:51 > 0:23:55Does this look like £700 worth of stuff to you? Probably not.

0:23:55 > 0:23:58But you're probably not an antique dealer.

0:23:58 > 0:24:03A pair of lovely matching, silver candlesticks.

0:24:03 > 0:24:05They've got a lovely Corinthian column top,

0:24:05 > 0:24:07really, really nicely done.

0:24:07 > 0:24:11Also, five films. What's on them, who knows?

0:24:11 > 0:24:14Let's hope it's the Beatles' rare footage. Time will tell.

0:24:14 > 0:24:19Now, a silver rattle with a mother of pearl teething ring, lovely.

0:24:19 > 0:24:23We've got four silver salts in a beautiful box,

0:24:23 > 0:24:27really nice condition, about 100 years old, quality.

0:24:27 > 0:24:32A Koran holder, a little Koran box, very nice and unusual.

0:24:32 > 0:24:35Now this beautiful box says, "Letters 1888"

0:24:35 > 0:24:39and with that I get a cobra. I don't know what I'm going to do with it

0:24:39 > 0:24:41but I fell in love with the box.

0:24:41 > 0:24:43And, finally...

0:24:43 > 0:24:45the metal hatbox I bought from Phil Serrell.

0:24:45 > 0:24:49I've got an interested party who is quite keen on buying this.

0:24:49 > 0:24:52Fingers crossed, this could make the big difference.

0:24:52 > 0:24:56Over in his Worcestershire bunker, Phil's assessing his acquisitions

0:24:56 > 0:25:00and plotting his power plan.

0:25:00 > 0:25:03I'm pleased with all I've bought but I think I spent a lot of money.

0:25:03 > 0:25:07This discus thrower, that's a really traditional antique lot

0:25:07 > 0:25:09and I think I'm going to try and sell that to someone

0:25:09 > 0:25:13who's got a really traditional but good quality shop.

0:25:13 > 0:25:16That's a fantastic silver thing, a little silver card tray,

0:25:16 > 0:25:17I love that to bits.

0:25:17 > 0:25:20And these little top flasks, I'm in the right area to sell those.

0:25:20 > 0:25:24And these jewellery boxes, I thought were OK but my two favourites lots

0:25:24 > 0:25:27were the old ship here, and I hope she doesn't scuttle me

0:25:27 > 0:25:28and this lot here.

0:25:28 > 0:25:32I'm already 30 quid ahead because I've sold the tin box to Mark Franks.

0:25:32 > 0:25:35What I really wanted out of this lot was this plaque

0:25:35 > 0:25:39this little RAC box and this petrol can. I'm a real petrolhead

0:25:39 > 0:25:42and if I can find someone who has a similar interest, particularly

0:25:42 > 0:25:47in old motorbikes, hopefully, I'll be on a winner with those.

0:25:47 > 0:25:51So they're powered up and now need to pull in the pounds.

0:25:51 > 0:25:53The winner will be the hero who makes the biggest profit,

0:25:53 > 0:25:56simple as that. Remember, until they've shaken on it

0:25:56 > 0:26:00and the money has changed hands, no deal is ever sealed.

0:26:00 > 0:26:03And it's Mark who hits the super selling highway first.

0:26:03 > 0:26:07He takes his Koran holder to Wallington in South London.

0:26:07 > 0:26:10He's meeting Juyal and Fahed who run a printing shop.

0:26:10 > 0:26:12The box owes Franksy nearly £39.

0:26:12 > 0:26:14Would you like to have a look at it?

0:26:14 > 0:26:16- A Koran holder, yeah? - Apparently so, yeah.

0:26:16 > 0:26:20It is a Koran holder but it's small.

0:26:20 > 0:26:24- Easy to carry...- For travelling.

0:26:24 > 0:26:27People drop them on the floor when it's in their bag, or something.

0:26:27 > 0:26:29Why can't you put it on the floor?

0:26:29 > 0:26:31- It's a holy book, really respected.- I see.

0:26:31 > 0:26:34We give respect to it and if it's in the bag

0:26:34 > 0:26:38and we put the bag on the floor, it's really disrespectful.

0:26:38 > 0:26:42Guys, would you be interested in buying this? I've been told by the auctioneer it's about 100 years old?

0:26:42 > 0:26:44Yes, it's quite nice.

0:26:44 > 0:26:45Nice decoration.

0:26:45 > 0:26:47I'd be looking for about 100 quid, how does that sound?

0:26:47 > 0:26:51- No, no.- Would you like to make me an offer?

0:26:51 > 0:26:54- 50?- 60?- 50.

0:26:54 > 0:26:57Oh, no, there's not much movement here, is there? 55?

0:26:57 > 0:27:01- Make it 50, it's a good price. - I'm pretty stuck on 50, aren't I?

0:27:01 > 0:27:04I've got two guys both saying 50. I'm not going much further, am I?

0:27:04 > 0:27:07- I think it's 50. OK, you've got a deal.- OK.

0:27:07 > 0:27:09Thank you very much.

0:27:09 > 0:27:12Well, that gets Mark off the ground and he makes £11.60.

0:27:14 > 0:27:16Foxy is quick out of the blocks, as well.

0:27:16 > 0:27:20He's straight round to a woman in Worcester he deals with a lot.

0:27:20 > 0:27:23He's hoping Gabrielle will like his bronze statue of a discus thrower

0:27:23 > 0:27:26and, crucially, that she'll throw some money at it.

0:27:26 > 0:27:29It owes Phil £216.

0:27:29 > 0:27:32The only thing I know about this, really, is that this would have been,

0:27:32 > 0:27:34the technical term is, "after the antique", isn't it?

0:27:34 > 0:27:37- It's based on a Greek original. - Right.

0:27:37 > 0:27:40- Which is sort of 5th century BC. - Yeah. The original Olympic Games?

0:27:40 > 0:27:44Exactly, yes. It would have been virtually life-size.

0:27:44 > 0:27:47The original of this one was lost.

0:27:47 > 0:27:51The Romans rediscovered the original and then it was made in bronze

0:27:51 > 0:27:54and marble and features in many important museums.

0:27:54 > 0:27:58- So that's definitely bronze?- Yes, there's a good patination on that.

0:27:58 > 0:28:00That's what you need in a bronze, isn't it?

0:28:00 > 0:28:05- When people get metal polish out, it takes the patination off. - Never do it.- Don't touch it.

0:28:05 > 0:28:08- It's a good tip to people, you just don't clean these things.- No.

0:28:08 > 0:28:12- What's it worth, Gabrielle?- It's saleable, it's good condition...

0:28:12 > 0:28:15225.

0:28:15 > 0:28:19- Oh!- Is that any good for you?- No. - Isn't it?

0:28:19 > 0:28:22- I'll give you 240 for it.- Fantastic.

0:28:22 > 0:28:24- Is that OK? - Yeah, yeah, of course it is.

0:28:25 > 0:28:28Deep breaths, Phil. A profit of £24 on the statue

0:28:28 > 0:28:31puts him ahead of Franksy.

0:28:31 > 0:28:34But no-one's place on the podium is reserved just yet.

0:28:34 > 0:28:36No, no, it's still early days.

0:28:38 > 0:28:42Now remember those five reels of aviation film that Mark bought?

0:28:42 > 0:28:45Well, he's had no way of watching what's on them

0:28:45 > 0:28:48and the tangled world of copyright means

0:28:48 > 0:28:51he wants to find out what he's allowed to do with them.

0:28:51 > 0:28:53He takes the lot to film expert, Nick,

0:28:53 > 0:28:57at the West Sussex Record Office to get an idea of which cans

0:28:57 > 0:29:01he can keep and which cans he can't.

0:29:01 > 0:29:04Come on, then, give me the good or bad news. That worries me a bit.

0:29:04 > 0:29:09That's, well, there we are already. That says, "Imperial War Museum."

0:29:09 > 0:29:13- I was going to peel that off but I didn't think...- Well, that means they would own the copyright.

0:29:13 > 0:29:17Even though you might own that piece of film, you don't own what's on it.

0:29:17 > 0:29:19Oh, no!

0:29:19 > 0:29:21And there's more bad news for Mark.

0:29:21 > 0:29:25Another of the cans carries the broad arrow mark which signifies

0:29:25 > 0:29:27property of the Ministry Of Defence.

0:29:27 > 0:29:30It's another case of return to rightful owner.

0:29:30 > 0:29:33These films are, of course, of national interest.

0:29:33 > 0:29:37What you should do in the first instance is probably contact

0:29:37 > 0:29:39someone like us, your local film archive,

0:29:39 > 0:29:41and ask them if they had it in their collection?

0:29:41 > 0:29:46If they don't, then they would ask for it to be donated...

0:29:46 > 0:29:49I wish you would stop using that word "donated".

0:29:49 > 0:29:51Of the three remaining reels,

0:29:51 > 0:29:54the only flicker of possible profit rests in this one.

0:29:54 > 0:29:56This is the one I'm really excited by.

0:30:01 > 0:30:04- This is professionally made.- Yeah.

0:30:04 > 0:30:07Amateurs don't make air to air.

0:30:07 > 0:30:11- Whoever commissioned the work... - He's smoking on the aeroplane. - Smoking on the aeroplane.

0:30:11 > 0:30:14That's a shocker. He's sitting on the aeroplane having a fag.

0:30:14 > 0:30:16- Look at that!- Oh, look.

0:30:16 > 0:30:20- That's a MK1 Escort. - An Escort, yeah.

0:30:20 > 0:30:22That's brilliant.

0:30:23 > 0:30:27So if I now sell this, am I breaking the law,

0:30:27 > 0:30:30or can I sell it as a piece of footage?

0:30:30 > 0:30:32You can sell it as a piece of film

0:30:32 > 0:30:36but the next person to buy it has exactly the same problem that you do.

0:30:36 > 0:30:39They can't use it for any commercial gain.

0:30:39 > 0:30:44As they watch on, they get a clue as to who might own the copyright.

0:30:44 > 0:30:47It says "The Shuttleworth Collection's Spitfire V

0:30:47 > 0:30:51"flown in by a Hercules of the Canadian Armed Forces."

0:30:51 > 0:30:53Good news.

0:30:53 > 0:30:56The reason I bought a lot of this aviation material

0:30:56 > 0:30:59is because a friend of mine is a pilot

0:30:59 > 0:31:00at The Shuttleworth Collection.

0:31:00 > 0:31:03So there's a good chance he might be able to get

0:31:03 > 0:31:06The Shuttleworth Collection to take a look at this, either give us

0:31:06 > 0:31:09the rights to sell it, or they may want to buy it.

0:31:09 > 0:31:12I'm sure they would be delighted to get the film.

0:31:13 > 0:31:15Well, that is a very lucky coincidence for Mark.

0:31:15 > 0:31:19A couple of weeks later he visits that very same air museum,

0:31:19 > 0:31:22appropriately enough near Biggleswade.

0:31:22 > 0:31:23You couldn't make it up!

0:31:25 > 0:31:28But Mark also knows that because he's bringing it to a museum,

0:31:28 > 0:31:32his hopes of making any money have all but flown away.

0:31:32 > 0:31:35However, his optimism is in overdrive as he meets

0:31:35 > 0:31:37marketing manager, Tony.

0:31:37 > 0:31:40Wow, this is the biggest Airfix kit I've ever seen in my life.

0:31:40 > 0:31:43We're restoring a 1941 Supermarine Spitfire.

0:31:43 > 0:31:49- This is a Mk Vc and C means it was fitted with cannons.- Wow!

0:31:49 > 0:31:52What we do here is we restore aircraft.

0:31:52 > 0:31:53We keep them in flying condition.

0:31:53 > 0:31:58I know that as a collection you generally don't buy things, do you?

0:31:58 > 0:32:00- We're actually a charitable trust. - I know.

0:32:00 > 0:32:02We're always a grateful for any donations.

0:32:02 > 0:32:05OK, so what chance have I got of selling you these?

0:32:05 > 0:32:07- Is it between none and zero? - Something like that.

0:32:07 > 0:32:10We'd be very grateful to accept them as a donation.

0:32:10 > 0:32:12In that case, I've no choice but to do the right thing

0:32:12 > 0:32:14and give them where they belong.

0:32:14 > 0:32:16Oh, Mark, that's got to hurt.

0:32:16 > 0:32:18We're terribly grateful to you, many thanks.

0:32:18 > 0:32:21- Shall we go and have a little look at the footage?- Why not?- Let's go.

0:32:21 > 0:32:24Well, he's done absolutely the right thing

0:32:24 > 0:32:27and if gratitude was paid in pounds and pence,

0:32:27 > 0:32:29Mark would've won today's competition here and now.

0:32:29 > 0:32:32But we need cold hard cash.

0:32:32 > 0:32:35As for the reel with the Imperial War Museum sticker on it,

0:32:35 > 0:32:38Mark did the decent thing and returned it to their archive

0:32:38 > 0:32:40and none of that helps his scoreboard.

0:32:40 > 0:32:43He chalks up a loss of £48.

0:32:46 > 0:32:51Now when Phil bought his two wooden boxes, he hadn't viewed them first.

0:32:51 > 0:32:54Despite that, he paid £72.

0:32:54 > 0:32:57He's brought them to Leominster to see dealer, Chris.

0:32:57 > 0:33:00- Well, what treasures have you brought?- I bought these at auction.

0:33:00 > 0:33:02I'll tell you what I think they are and you can tell me yay, or nay.

0:33:02 > 0:33:06I think this is probably Anglo-Indian or Indo-Portuguese.

0:33:06 > 0:33:07I think this is bone.

0:33:07 > 0:33:12I would think it dates to about 1830-1850.

0:33:12 > 0:33:14What do you think it would have been used for?

0:33:14 > 0:33:18- Sewing or a ladies dressing table box.- Right, let's have a closer look. - You tell me.

0:33:18 > 0:33:21I'll have to take my specs off to see it properly.

0:33:21 > 0:33:24I'll have to put mine on! I love that mirror.

0:33:24 > 0:33:27The fact that it's got... That really is shabby chic at its shabbiest.

0:33:27 > 0:33:29It is, yes. It's a nice little box.

0:33:29 > 0:33:31This one, I think, is really interesting

0:33:31 > 0:33:33because you're obviously a wood man.

0:33:33 > 0:33:35I think that's yew wood.

0:33:35 > 0:33:38I think this is burr yew wood, or pollard yew wood,

0:33:38 > 0:33:41- burr occurs naturally and pollard is man-made.- That's right.

0:33:41 > 0:33:43Then you've got mother of pearl inlay here.

0:33:43 > 0:33:47Then you've got, I suspect, mahogany strips and the other thing that

0:33:47 > 0:33:49I think it is, because it's such a tight fit,

0:33:49 > 0:33:50I think it's a cigar box.

0:33:50 > 0:33:54A cigar box, yes, possibly. There's a lot of work in there.

0:33:54 > 0:33:58- The age of this one's slightly younger...- I think that's probably about 1880.

0:33:58 > 0:34:00- You think that's late Victorian, 1880?- Yeah.

0:34:00 > 0:34:04- I paid just under £80 for the two. - Right.

0:34:04 > 0:34:08I think they're worth just under £80 each.

0:34:08 > 0:34:12- Do you?- Mmm.- I think that's a bit steep for me, Philip.

0:34:12 > 0:34:15I actually prefer this one, I think.

0:34:15 > 0:34:18It has a Regency feel about it, I think, as you said.

0:34:18 > 0:34:19I am quite a way from you.

0:34:19 > 0:34:24I'm going to be nearest to the smallest three-figure you can think of, 100.

0:34:24 > 0:34:28- 140 quid for the two.- No, I'm sorry too much for me.- All right.

0:34:28 > 0:34:32- If I said 110 for the two. - It's a deal.- All right, you're a gentleman.- It's a deal.

0:34:32 > 0:34:35Well, for a blind buy, that's a bumper bonus.

0:34:35 > 0:34:39Phil boxes clever and makes £38 profit.

0:34:39 > 0:34:43So, let's see what that does to the trading tallies.

0:34:43 > 0:34:46Mark "Franksy" Franks has so far sold two items,

0:34:46 > 0:34:48but he's not in profit.

0:34:48 > 0:34:50His celluloid setback means he's currently

0:34:50 > 0:34:53running at a loss of £36.40.

0:34:53 > 0:34:57But he's still got all of his big money items left to sell.

0:34:57 > 0:34:59Phil "The Fox" Serrell is in better shape.

0:34:59 > 0:35:03His two deals have netted him a profit of £62.

0:35:04 > 0:35:09So with Phil nearly £100 ahead, Mark has got some serious work to do.

0:35:09 > 0:35:13He sells the cobra for £30, but what of the box that came with it?

0:35:13 > 0:35:17He's been doing some research into the year 1888

0:35:17 > 0:35:19and it was an infamous period in British history,

0:35:19 > 0:35:23giving rise to a sinister and ripping yarn.

0:35:23 > 0:35:25GIRL SCREAMS

0:35:28 > 0:35:29Jack The Ripper country.

0:35:31 > 0:35:33Remember the box I bought at auction?

0:35:35 > 0:35:381888. Jack The Ripper time.

0:35:38 > 0:35:41I'm here to meet a lady called Sue.

0:35:41 > 0:35:44Ha-ha-ha! Ha-ha-ha! Ha-ha-ha!

0:35:55 > 0:35:58- Are you Sue?- Yes. Are you Mark? - Oh, thank goodness for that.

0:35:58 > 0:36:00You scared the life out of me.

0:36:00 > 0:36:03Why are we here at night time in Whitechapel?

0:36:03 > 0:36:05Well, of course this is where the Whitechapel murders,

0:36:05 > 0:36:08the Jack The Ripper murders happened in 1888.

0:36:08 > 0:36:12So the Whitechapel Society 1888, what is it all about?

0:36:12 > 0:36:15We meet once every two months in an East End pub, but we have a wide

0:36:15 > 0:36:21interest in late Victorian and early Edwardian East End of London.

0:36:21 > 0:36:24But is this box of any interest to the society?

0:36:24 > 0:36:28Well, I have to say, anything with 1888 on it is of real interest.

0:36:28 > 0:36:29Do you know anything about the box?

0:36:29 > 0:36:33If we spin it over, you can see on the bottom it's pine,

0:36:33 > 0:36:35but then at the side, this has been grained

0:36:35 > 0:36:38and this makes it look like a more expensive material.

0:36:38 > 0:36:42You can see the dovetails coming through which are all hand done.

0:36:42 > 0:36:43So it's spot on.

0:36:43 > 0:36:44I tell you what I'm going to do.

0:36:44 > 0:36:46I'm going to make this really nice and easy.

0:36:46 > 0:36:50Give me your bestest bestest offer and let's get out of here.

0:36:50 > 0:36:54- £110, Mark.- 110.- Yeah.- I tell you what. You've got a deal.- Deal.

0:36:54 > 0:36:56Let's go.

0:36:56 > 0:36:59Well, he's done the deed and he's back in profit.

0:36:59 > 0:37:01Add to that the sale of the cobra

0:37:01 > 0:37:04and Mark is better off to the tune of £50.

0:37:04 > 0:37:07And he also takes this year's special award for the most

0:37:07 > 0:37:09spectacular overacting in a deal.

0:37:12 > 0:37:14Phil gets on with the business too.

0:37:14 > 0:37:18He sells his set of four silver rim shot glasses to his friend Peter

0:37:18 > 0:37:22for £70 and a ride in his 1920s' car.

0:37:22 > 0:37:25They add a shot of profit - £12.40.

0:37:28 > 0:37:30Franksy's travelled into Central London to try his hand

0:37:30 > 0:37:32at a triple trade.

0:37:32 > 0:37:34He takes the candlesticks, the child's rattle

0:37:34 > 0:37:38and the salts to Daniel who's a silver specialist in Covent Garden.

0:37:39 > 0:37:43So, can Mark kill three birds with one stone?

0:37:43 > 0:37:48He starts with his priciest purchase - the candlesticks that cost £264.

0:37:48 > 0:37:52Right, now, here we are. A couple of candlesticks.

0:37:52 > 0:37:56I had a quick look, I saw strong hallmarks.

0:37:56 > 0:38:00I didn't see any sort of major dents or digs or repairs.

0:38:00 > 0:38:03You're right, you've got nice, strong hallmarks.

0:38:03 > 0:38:04Made in Birmingham.

0:38:04 > 0:38:06Not particularly old, though. What is really good,

0:38:06 > 0:38:08which you can tell why these are in good condition,

0:38:08 > 0:38:12is so often with an antique pair of candlesticks

0:38:12 > 0:38:14you start seeing holes in the corners. Yes.

0:38:14 > 0:38:18Now, looking at these, there's no holes. So they're nice

0:38:18 > 0:38:20and obviously the age is going to be reflected in the price.

0:38:20 > 0:38:25If one of my regular dealers came in and said £450, I would buy them.

0:38:25 > 0:38:27So I don't know how that relates to how you're thinking

0:38:27 > 0:38:30- or what you're thinking. - If you're happy at 450...

0:38:30 > 0:38:34- At 450 I would buy them if I was coming in.- OK. We've got a deal.

0:38:34 > 0:38:35Oh, that was easy.

0:38:35 > 0:38:38Well, that's just what the doctor ordered.

0:38:38 > 0:38:41The candlesticks give Mark a glowing profit of £186.

0:38:41 > 0:38:45His other silver items were also worth their salt.

0:38:45 > 0:38:48In fact, it was a case of shake, rattle and sold.

0:38:48 > 0:38:51Daniel pays a combined price of £340

0:38:51 > 0:38:55and adds a shiny £88 to Franksy's profit pot.

0:38:56 > 0:39:00Now, if we said Phil had taken his copper boat to Portobello,

0:39:00 > 0:39:03you might think he was in the seaside resort near Edinburgh.

0:39:03 > 0:39:06Instead, he's on the street market in London. Not very coastal.

0:39:06 > 0:39:09He's brought it to shop owner Mohammad.

0:39:09 > 0:39:12- Mohammad, how are you? - Hi, how are you?- Lovely to see you.

0:39:12 > 0:39:14- Now, they tell me... - What have you got there?

0:39:14 > 0:39:18They tell me on this street that you are the man that buys everything.

0:39:18 > 0:39:21- I do.- Anything and everything?

0:39:21 > 0:39:24- Mohammad, have you ever bought a copper boat before?- Never.

0:39:24 > 0:39:28- Then this is your day.- It's got a dent here and...- No, no, no.

0:39:28 > 0:39:31- No, no, no. Patina.- Ah, patina. - Patina.

0:39:33 > 0:39:34I'll give you 160.

0:39:34 > 0:39:37That's a step in the right direction, Mohammad. Keep going.

0:39:37 > 0:39:41- 165.- What did you say?- 165.

0:39:41 > 0:39:45- What was that? Did you say 180?- 170.

0:39:45 > 0:39:47You're a gentleman, Mohammad.

0:39:47 > 0:39:49A choppy deal turns into plain sailing for Phil.

0:39:49 > 0:39:51He makes £26 on his boat.

0:39:51 > 0:39:55Not bad, considering he almost let it float away at the auction.

0:39:57 > 0:39:59Mr Fox follows that up with his silver card table,

0:39:59 > 0:40:02the one he fought over with Franksy at the saleroom.

0:40:02 > 0:40:05He's caught up with his old friend Rod.

0:40:05 > 0:40:07- Do you like it? - I do like it, actually.

0:40:07 > 0:40:10That's half the battle, isn't it? Would you to own it?

0:40:10 > 0:40:12I would actually like to own it.

0:40:12 > 0:40:14Especially with that name on the back.

0:40:14 > 0:40:20- I think Goldsmiths And Silversmiths Company...- It's one of the best.

0:40:20 > 0:40:23And as you know in life, the best things don't come cheap.

0:40:25 > 0:40:29Rod pays £235 and Phil marks £43 on his profit card.

0:40:31 > 0:40:35Then there's Phil's hatbox, which Mark bought off him for £30,

0:40:35 > 0:40:40and he was dead right to. He sells it for £50, making a £20 profit.

0:40:40 > 0:40:42And that is money that Phil could've made.

0:40:46 > 0:40:48As for the contents of that box,

0:40:48 > 0:40:52Phil has brought all the memorabilia to a motoring event near Cheltenham.

0:40:52 > 0:40:55He's arranged to meet Matthew, one of the daredevil riders

0:40:55 > 0:40:59from the Demon Drome group and they get up to all sorts of stunts.

0:41:03 > 0:41:04I tell you what.

0:41:04 > 0:41:08170 and I'll take you in the middle while we're doing a show.

0:41:08 > 0:41:10Well, Phil can put a spin on any sale,

0:41:10 > 0:41:12but this time, he might have met his match.

0:41:13 > 0:41:16MUSIC: "Dizzy" by Tommy Roe

0:41:16 > 0:41:18# I'm so dizzy

0:41:18 > 0:41:20# My head in spinning

0:41:20 > 0:41:23# Like a whirlpool... #

0:41:23 > 0:41:25Add that to the £30 Mark paid for the hatbox

0:41:25 > 0:41:29and Phil makes a dizzy profit of £44 on the deal.

0:41:33 > 0:41:36So our barrage of bidding was followed by

0:41:36 > 0:41:39some high-class haggling, and now we're all done.

0:41:39 > 0:41:41Before we go any further, though,

0:41:41 > 0:41:44let's remind ourselves what our superb specialists spent.

0:41:45 > 0:41:47Both Mark and Phil started at the auction

0:41:47 > 0:41:49with £1,000 of their own money.

0:41:49 > 0:41:55Mark ended up with seven lots, costing a total of £722.40.

0:41:55 > 0:42:02Phil took home six lots and spent over £100 more - £837.60.

0:42:02 > 0:42:06But all that matters now is who's made the most profit.

0:42:06 > 0:42:09All of the money that Mark and Phil have made from today's challenge

0:42:09 > 0:42:11will be going to charities of their choice.

0:42:11 > 0:42:13So let's find out who is today's

0:42:13 > 0:42:16Put Your Money Where Your Mouth Is champion.

0:42:16 > 0:42:18- Franksy. - Mr Serrell, you're looking well.

0:42:18 > 0:42:22Did your auction provide you with lots and lots and lots of money?

0:42:22 > 0:42:24- I've got to be honest, it was fantastic for me.- Was it?

0:42:24 > 0:42:27- You got the aviation film, didn't you?- Oh, wow.

0:42:27 > 0:42:30Tell you what, they flew. They really flew. Cost me 48 quid.

0:42:30 > 0:42:32And what did you sell them for?

0:42:32 > 0:42:35- I gave them away. - What do you mean you gave them away?

0:42:35 > 0:42:38- I gave them away for free.- What? - Yes, a very long story.

0:42:38 > 0:42:42Didn't get a penny for them. Gave them... Gave... It's paining me.

0:42:42 > 0:42:43Count of three.

0:42:43 > 0:42:45BOTH: One, two, three.

0:42:45 > 0:42:49- Look at that.- Wah-hey! Woohoo! Woohoo!

0:42:49 > 0:42:51Franksy flies home the winner.

0:42:51 > 0:42:53In spite of his failure to flog the film reels,

0:42:53 > 0:42:56he beats an auctioneer at an auction house.

0:42:56 > 0:42:58The auction was really, really good fun.

0:42:58 > 0:43:00I mean, I think I bought some really funky things,

0:43:00 > 0:43:03but at the end of the day, Mark's silver, oh!

0:43:03 > 0:43:05Absolutely slaughtered me. Well done, him.

0:43:05 > 0:43:09The best part of it for me was buying the hatbox off Philip Serrell

0:43:09 > 0:43:14and selling it on. I loved making a profit from Mr Serrell.

0:43:14 > 0:43:18How will it turn out tomorrow? With these two, it's anybody's guess.

0:43:18 > 0:43:21They'll be going head-to-head at a foreign market as Franksy

0:43:21 > 0:43:24and The Fox lock horns at the battle of Belgium.