I usually sell my quilts locally and my prices could never come near those. I have seem in person many expensive quilts (Like those made by Libby Lehman) and they are worth the price; in materials alone, not counting the time and artistry involved. Also I have seen paintings sell for thousands that look like they were painted by a 3 year old kid. So why not give quilting a position of importance in the art world?
A friend of mine sells my quilts in NYC and I can ask at least 3 times more than I do at home. People are willing to pay and like to see innovation. Traditional quilts don't sell well in the big city at all. The more unusual the better it sells.
Maria