Hello all, Mary Ellen here.
I think we all know that most of us hope our quilts are priceless–that they are loved and treasured by those to whom we give them. But let’s be business women for a moment. Many quilters sell their work as their livelihood or to supplement the family’s income. What do you think is a fair price for a quilt? I have seen quilts that I felt were mispriced in both directions. I have seen work at some of the craft shows that abound in the pre-holiday season that I think are very overpriced. Cheap fabrics and poor workmanship give shoppers a false impression of the work that many quilters produce. On the other hand I have also seen many quilters grossly underprice their work-sometimes not even charging enough to pay themselves back for their materials, let alone their time and talent.
Have a look at this quilt which is expected to sell at auction for over $100,000. Is it the skill or the provenance that is driving the price so high? You decide. Click here. Any thoughts on this, readers?
no, I wouldn’t pay that. but I think it is like real estate…location, location. In this case. the celebrity names of who commissioned it and who owned it will bring $$$
I feel that the same thing happens at our quilt auction. It depends on who made it whether there is an interest in bidding.
Overpriced, but it did belong to Maya Angelou.