If you just made a great looking piece of jewelry and it is worth about $80, do not list it for $5 hoping the bid will go up. People tend to put a value on this jewelry based on the price you put on it. If you say it is not valuable, they will think it is not valuable.
A good rule of thumb is to put a price on it that you would be happy to sell it at. And, “Yes!”, keep it reasonable. It is not a high end venue but an easy venue to pick up a little money.
EXAMPLE: I sell large sculpted mabe pearls for about $95 at jewelry shows but since I can make them in 10 minutes and the mabe pearl only costs about $8, I would be happy to make $30 on an auction. Remember you only have a small listing fee and a small percentage of the closing cost. If a mabe sells for $40, I’m happy. Now, if it is bid up to $100, I would be even happier!!!
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