I'm willing to part with $1 - $5 dollars for raffle tickets for a quilt - and even though I know very well what it takes to make a quilt, I'm not willing to pay lot for one (regardless of how much money I currently have invested in fabrics and equipment)
Although it does irk me when an auctioneer will go on for 5 minutes about a pan of brownies, and blow off almost any needlework item.