Cryptic crossword clue
In the middle, putting very cheap item of jewellery 8

The most common and most likely answer to this crossword clue is the 8 letter word CENTRING

I've seen this crossword clue in The Guardian
C
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Buddy explains!

The straight part
We know that "In the middle, putting" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case in the middle, putting = centring.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does CENTRING mean?

CENTRING verb
  1. To cause (an object) to occupy the center of an area.
  2. To cause (some attribute, such as a mood or voltage) to be adjusted to a value which is midway between the extremes.
  3. To give (something) a central basis.
  4. To concentrate on (something), to pay close attention to (something).
  5. To form a recess or indentation for the reception of a center.
CENTRING noun
  1. A type of formwork which serves as a temporary structure during the construction of arches and bridges.
  2. The process of moving something to a centre, normally before some other process.

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