Yes it is,I sold my phone on there brand new, and i started it at 99c and on maybe the last 24hrs the price just went from $80 to $190. The phones R.R.P was $160.The reason to start it at 99c is that alot of people see it when they search for the certain product, and they may watch it or put in a maximum highestst bid eg $170.You will get your money s worth.
If what you are selling cost you thirty cents then selling it for ninety-nine cents is a good thing. If it cost you two dollars then sell it for four dollars never take a loss, never.
If it s on auction, yes it is. The amount you have to pay for listing drops considerably and if its a good product you ll never take a loss