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<p>[QUOTE=&quot;MrNate, post: 886437, member: 5515&quot;]Great question. It&#039;s multi-faceted on how I value flatware I&#039;m selling. Here&#039;s the three components that determine how I&#039;ll price items:</p><p><br /></p><p>1. Convenience</p><p>2. Market observation</p><p>3. Rarity/Obscurity</p><p><br /></p><p>1. So for me, I would like to list items conveniently, as my time is a valuable component. If I stumble across on single sterling fork, I might be able to get something slightly higher than spot if I list it individually. But that requires effort (and separate shipping costs). So I&#039;ll tend to combine mismatched items into one listing. Sometimes I&#039;ll start an auction at 99 cents and sometimes I&#039;ll start an auction at spot price, just depends on circumstances.</p><p><br /></p><p>2. If I&#039;m not listing the item as a mismatched item (say for example I&#039;m selling 5 identical spoons) then I need to go find the fair market price to list it at. I&#039;ll go on ebay and look at sold listings (a great resource) and ideally find someone who sold a pair of spoons and calculate the price per spoon that should get mine sold. If I&#039;m listing an entire set, I&#039;m going to try to find sales of sets, and estimate price per item multiplied by the number of items in my set. I&#039;m going to double check that my price doesn&#039;t somehow go below spot as I could sell as a scrap lot also.</p><p><br /></p><p>3. For items or rarity or obscurity, I&#039;m hoping/expecting a correlating premium above prevailing market silver prices. I&#039;m a little more detailed and diligent in my market research but it still requires the process described in item 2 market observation. So for coin silver, it&#039;s always conditional to the maker on how the market values it. I would highly recommend you search &quot;how to see sold prices on ebay&quot; as it&#039;s one of the best resources out there. You can also get a free account on liveauctioneers but ebay is the best in my opinion.[/QUOTE]</p><p><br /></p>

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