Giving it to him now takes it out of "Christmas" but gives him a chance to reciprocate if he wants.
However, I would also give him a list of all the gifts he's given to you this past year, the ones that (like the quilt) were paid for in time and love. For instance if he fixed the fence, or brought you soup when you were sick, or often reaches into tall cabinets for you, those are the things that spell romance to me. Give the list to him with the quilt, so he understands those gifts to you were appreciated.
My husband and I don't exchange gifts on holidays like Christmas, but we try to give of ourselves everyday.
