If you are the successful bidder, you will be contacted after the auction. Prices vary greatly in the Antiques and Collectables field, from region to region, or based on an individual retailer's cost for that specific item. If a dealer is buying at auction for resale, he must be able to turn a profit. If you are buying for pleasure, you will have to decide value for yourself. A mock auction looks very much like a real auction.
Signs go up with a date and the location of the sale.
Things are not as they seem. Some, or even most of the buyers are fakes. The auctioneer may employ shills to run up the bidding against genuine bidders. Items are only really sold if they realize a certain amount. If not, they are loaded back on the truck for the next 'auction'.