Is there a limit to the price of an item that's not been sold before

Gameflip - Questions & Suggestions
1

So basically what the title says. I’ve seen there’s a limit to how much ingame items can be sold in gameflip (1.5 times the suggested value). Is there however a limit to how much an item that’s not been sold before?

2

I think you are talking about price limits. The max value an item can be given is $2500 within the marketplace.