Originally Posted by pittsburgpam
I received the appraisal of my quilt that was in the Knoxville show. It is appraised at $4500. That seems unbelievably high to me, I was thinking maybe $1000? Is that just insurance value?
In this economy and so many people quilting, I just don't see anyone paying that for a quilt.
I think you're forgetting about the increased value your quilt has gained from being in a national AQS quilt show. Those shows have the reputation of showing the better quilts... so that adds value... And if your quilt won any recognition/prize, its value would increase even more. Even a quilt that appears in a national magazine increases its value just by virtue of being in the magazine. Congratulations, you should be very proud of your talent being recognized!