[Woodcarver] Pricing on chip carved lettering question

[Victor Hamburger]

Hi,

I am working on chip carved pieces for a local craft co-op and have no problem 
pricing plates, etc.  I want to put a sample wedding plate in the shop with our 
names and anniversary date on it and am trying to consider the pricing for it.

I have a base price for the plate, $40 for a 10" scalloped plate with a central 
design.  I was estimating that an additional $3 per letter/number would cover my 
time and expenses on this.  Putting "Vic & Cynthia"  "June 17, 1967" on the 
plate will add another $63 to the price.  At $103, am I pricing myself out of 
the market? (Obviously the price will vary on # of characters) Anyone currently 
working with a pricing model for this kind of work? I like the idea of price per 
square inch for relief, but this is a bit different and a per letter price seems 
the most reliable method and easiest to discuss with customers.

Thanks!		Vic