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Selling wood turnings... Need help.

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Blog entry by TSW posted 03-04-2010 07:24 PM 2288 reads 0 times favorited 7 comments Add to Favorites Watch

vase 2 I would like to start selling my wood turnings. I need help on going rates or values. This is a vase I finished this week and need help on what people think it may be worth. Its made from spalted maple and ebony and took about 10 hours. It is 10 inches tall and 4 inches wide. I would like really honest critics’. Thank you. TSW

-- Tim W, New Hampshire Woodworker



7 comments so far

View jockmike2's profile

jockmike2

10635 posts in 2994 days


#1 posted 03-04-2010 07:55 PM

Can’t say what it’s worth but it sure is purdy.

-- (You just have to please the man in the Mirror) Mike from Michigan -

View reggiek's profile

reggiek

2240 posts in 2018 days


#2 posted 03-04-2010 08:06 PM

Take a look at ebay….or at some professional turners web pages (you can see what they charge per hour as most have a teaching or class rate (i.e. look at Elsworth’s class charge)...to see what the “going” rates are. The next thing is to tally up the price of your materials, put a price on your time (consider a rough carpenter at journeyman level (depending on area) gets around 42 an hour plus fringes (if Union))....use an average or something fair, then consider the wear on your tools, the cost of sandpaper, finish, electricity….and any other items you may have used (glue for example). Once you tally all those together…see if they are within the “going” rate. If not…you will either need to reduce one of the items….like find a cheaper source of wood…or consider that you will not make any money for future projects (in fact you will go into the hole quickly)...If your total costs are under the going rate…then sell for something over your costs and within that going rate…

-- Woodworking.....My small slice of heaven!

View DaddyZ's profile

DaddyZ

2430 posts in 1788 days


#3 posted 03-04-2010 08:12 PM

I always figured if I sell something I am going to ask for 3x over the cost, Example if the wood/Glue/Sandpaper cost you 20.00 – sell for 80.00. again just my opinion, Happy Customers & Good Profit – Priceless. :)

-- Pat - Worker of Wood, Collector of Tools, Father of one

View Don "Dances with Wood" Butler's profile

Don "Dances with Wood" Butler

1003 posts in 2143 days


#4 posted 03-05-2010 04:09 PM

I wouldn’t part with it for a cent below $300.
It’s worth more than that, but – you know, the economy, etc, etc.
But you have to earn something for your time, materials, effort, art, and whatever.
If you sell cheap you’ll be stuck in that mode!

d

-- Will trade wife's yarn for tools.

View miles125's profile

miles125

2179 posts in 2753 days


#5 posted 03-05-2010 04:38 PM

Charge enough so the customer winces but not enough that he laughs.

-- "The way to make a small fortune in woodworking- start with a large one"

View Chris's profile

Chris

49 posts in 1768 days


#6 posted 03-06-2010 01:41 AM

I agree with miles125. You have to make a profit enough to make you happy. If you want a fair going price take a look at the shops in your area or if you live in the middle of no where, google shops in your nearest city and check their web sites. Dont settle for less, you will be leaving money on the table.

-- One Time Tree Man

View Karson's profile

Karson

34915 posts in 3148 days


#7 posted 03-06-2010 02:10 AM

Beautiful turning. Good luck in determining a prices that is a win – win for you and the customer.

-- I've been blessed with a father who liked to tinker in wood, and a wife who lets me tinker in wood. Southern Delaware karson_morrison@bigfoot.com †

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