I was talking to a couple friends who have been quilting for about 100 years between the two of them. They do lots of charity quilts for a variety of causes.
They told me that at a silent auction they are lucky to get $100.00 for a quilt, but if it is auctioned they generally make at least $500.00.
Me, I would never bid on a ribbon or pink quilt, I am not a pink person and in general do not like the ribbons that are used to promote just about everything. I do financially support a variety of organizations, but not ribbon campaigns. A scrappy quilt, or even a simple 9 patch or D9P would hold more appeal.