Hi Malcolm,
I think that your auction was amazing...you clearly state the manufacturer's price, so, no, you don't fall into that category at all. I have bid over the price stated by the seller as well, if it is for a product that I can't obtain in any other way, and I would assume that is likely why you are having such success with it, and good for you!
I am not too savvy about musical instruments, and have never looked at your auctions previously. My husband is a real guitar nut, so I know names like Fender, Martin, Takamine and Gibson...those are his favorites, and I know that he paid a rather large chunk of change for his. Mind you, with my pawn shop connections, he got great deals on them. That's how he can stand my jewelry addiction...we each have one! And we both love pawn shops, second hand stores, yard sales, etc.
But, I digress...your auctions are very well done, the price is obvious, and so, no, I would not suggest that you misrepresent your product. In the only musical terms that I know, if you were saying that a Sears house brand guitar is a Gibson, then you would be misrepresenting the merchandise.
I know jewelry very well, however, and there is lots of room for misrepresentation there. I could elaborate, but this isn't the forum to do so. Suffice it to say, it makes it difficult for a legitimate dealer to sell real quality goods at a price that they won't lose money at. Which is a real shame.
I was looking for a "mizpah" ring for my husband for Christmas. They are of British origin, and hallmarked for assay office, gold content, and date stamped. What appealed to me about them, is that they basically are a love token...manufactured in late Victorian times, meaning, in short, "May the Lord watch over us while we are apart"...Many people who went to India during the manifest destiny expansion stage of England's history gave or received them. Also, popular during the first world war. They are really only a gold ring, but the appeal to me was the history of them, and the meaning behind them. In truth, at melt value, they are pretty worthless. But, I would pay a hefty price for one, because it was what I was looking for, not readily found in this area, and appealing to me. I don't consider it to be misrepresented, it isn't. That is a case where someone has something that I want, I'm willing to pay for it, and it may make absolutely no sense to anyone as to why. I actually ended up finding a Scottish Lion ring locally that was antique, and gave that to him several months ago, thus ending my hunt for mizpah rings, but it could help explain why people will pay more for an item.
And good for you for finding such a great commodity!
Best,
k