Not allowing an item to be sold less then value?

[ozbestbuyz]

Well the tips on here have been great so far! Been doing a lot of studying believe we may have our product in reach. Had a few items given to me by my grandmother for example watch worth $160 lets say I want to get the most of this item? Would you do bid or just buy it out? 

Trying to see what are good prices to start at for maximum value! Thanks guys!

[putney32]

there are No Reserves on ebay aus items so you could do 1 or 2 things

1. auction the watch with a starting price of $150 if that is what your minimum price is for it.  (then if you only get 1 bid you get your price, if you get more than 1 bid you get better than your minimum price)

or

2 just list it as Buy it Now for whatever is your minimum dollar amount.

[i-once-was-bump]

Look at completed listings for similar watches and you will then see whether BIN or auction is the most poplular way for that item.

If the watch is old but is not a significant brand you might find they only sell for about $20 if you are lucky but if there is something about the watch that makes it a popular purchase you will see.

Do a search for the watch and see current listings and the prices being asked or if they are auctions, add them to you watched items list and then you will know what they sold for without too much bother.