I also have a problem with the pricing of quilts here is South Africa.
I have made a calico embroidered single bed quilt and it is hand quilted and I have charged R400 in total as it did take me working full time on it for 2 weeks and also cost me R200 for all the fabric and threads and batting. Have not heard if it was sold yet. Dont think so because people here are not into quilts as much as other countries.
Take care and I will stay positive and hope to sell it soon.