Which of the following is NOT typically included in auction advertising?

The correct answer is specific item valuations. In auction advertising, the focus is primarily on generating interest and informing potential bidders about the auction itself, rather than providing specific valuations of the items being auctioned. While it is important to describe the items and their significance, including item valuations can be tricky because it may lead to misunderstandings among bidders regarding their worth.

Auction advertising typically includes details of the auction process to ensure that bidders understand how to participate, the name and license of the auctioneer to establish credibility and legal compliance, and the auction date and location to inform potential attendees about when and where the event will take place. However, providing specific valuations may not be standard practice in auction advertising, as it can vary widely and can be subject to personal interpretation, which is why it is not typically included.