Penned by Brian Jaffe and directed by Eric Parness, opening is scheduled for Oct. 15.

The cast will feature Marlain Angelides, Elaine Baez, Breena Beck, Ben Cole, Daniel Damiano, Wes Drummond, Deborah Frost, Brian Jaffe, Winston Shaw and Scott Martin Watson.

This theatrical event, according to press notes, is a "hilarious interactive parody of the prestigious world of art auctions. Go behind the scenes at Chump’s Auction House, an unscrupulous world featuring an array of engaging scoundrels. Collect your bidding paddles & fortune in Chump Money at the door and then join in the auction: you can bid, laugh and (possibly) get swindled! The lucky high bidders actually take home the 'objets d'artes.'"

Show times will be Thursdays at 7 PM and Fridays at 8 PM.

St. Luke’s Theatre is located at 308 West 46th Street (just west of Eighth Ave.) Tickets are $69.50 and are available through www.Telecharge.com or by calling (212) 239-6200. For more information, visit www.GoingOnceLaughingTwice.com.