Do you think that it is too much?

Sounds like a reasonable price to me. Especially if you are using a specialty yarn to make it. When you sell it make sure you have some information on the type of yarn that you used, this will help with the price and a lot of times people won't be so hard pressed to try and not pay that amount. Just curious, but how are you planning to sell it?

I don't think that's to much, but you know what they say, "whatever the market will bear" Good Luck

I don't think that sounds too pricy at all. I think that the work you do is amazing, and were that shawl to be sold in a larger store, or some sort of corporate outlet, it would cost twice what you are going to charge for it. I had the same concern when I was pricing my cookbook, until my husband told me that the price I thought was high was actually CHEAP according to what a simiar book would go for.

Pricing is very difficult, I read some where that multiply your cost by 3 to determine labor so if you go by that formula your item is price correctly.

I think 60 dollars would be a good price for a hand made shawl but then you need to get someone to pay that price.

Your price sounds fair. Especially for the size that the item is. I just finished knitting a ski cap for a friend of mine, and it took me 4 hours to make...but it's a gift for her so I wouldn't be figuring cost. You also have to keep in the forefront of your mind is the fact that you are using your time, and it is time that would be used for something else. You wouldn't work for someone else and say, well I'll only do the job for the cost of the materials. I think that is why the government established a minimum wage so that people wouldn't be cheated. I got cheated once by a neighbor. She ordered a vest kit for me to make for her daughter who raised sheep. The neighbor wouldn't tell me the daughter's size, so I had a real problem on my hands. Plus the vest had a design knitted in it. The design was trees, sheep, buildings, clouds etc. I spent about 50 hours knitting the thing...my pay.....$24 (the price of the kit!!!) Since then I don't knit for others. I'm looking forward to your pictures of the shawl when it's finished.

I hate pricing things too! I have no idea, but want to wish to luck in making a sale at a price that ends up being fair to you as well as to the customer.

How much you charge depends on the consumer you are trying to attract, the difficulty of production, and the availability of product. If you are doing this in you hometown and a local ordered it, I'd say $45 is more than a fair price. Your supplies are covered and you earn $10/hr for your work; the local comes to you to pickup so no shipping and handling fees (a big plus). Now if you are marketing your product online, that's a whole new ball game. You have to factor in your overhead and consider profit margin as well. Not knowing your specifics I'd say $60 sounds like a fair price. Nice to have such a marketable talent; good luck with your business.

$60 is just about right for a friend. If she thinks it to high, just tel her is $15 for matrial and about 3 hours of work. If it was for a craft fair you could go a bit higher, maybe 75.

No I think that sounds like a fair price. Especially with Easter right around the corner. People love the handmade items!

I agree - it is the hardest thing in the world to work out what price tag to put on a craft item. All too often it is a question of whether or not you can actually find the right market for the item and what price it will sell at realistically. After all it is a bit dis-spiriting to make something and then never sell it! Equally it is a good feeling if someone values our items enough to pay a reasonable price for them. Have you found a good market for the things you make? I often look around a the large quantity of really nice imported stuff and wonder how one can expect to compete with it in the UK or US. What is your experience?