Pricing for charity auction

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Forum topic by greatview posted 04-15-2016 01:17 PM 256 views 0 times favorited 1 reply Add to Favorites Watch
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110 posts in 2581 days

04-15-2016 01:17 PM

Topic tags/keywords: price pricing question cherry

I am donating a set of the pictured nesting tables to a local charity for a silent auction and they have asked me to set a value. I’ve made maybe eight sets for family and friends but never for sale. Using Google I find prices range from under $100 to over $500. My direct cost is minimal as I bought many board feet of rough cherry about 15-20 years ago and am still using it. When I first got it I sold enough to recoup my cost.

-- Tom, New London, NH

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54 posts in 667 days

#1 posted 04-16-2016 02:20 AM

Real value for an item of that complexity and quality is sure to be in the $400-$500 range, or more.
Charity prices are, of course, a different story. I think a lot depends on how many and what kind of people the event is likely to draw. A PTA event at the local school will not draw the same bidders as a black tie evening at the swanky country club.
So, the question remains, how to place a minimum bid figure on the tables.
I don’t a starting bid of $100 would be out of line in a low end situation.

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