Add up the cost of the fabric,the batting and thread: multiply the number of hours by the cost per hour- more than minimum wage,by the way, and add that : then add the artistic value( my dog painting with his muddy feet on the kitchen floor,vs, my grandkids painting,vs Picasso): you'll be surprised! I agree your quilt should be insured for at least $998. Let's hope the quilt show has good security. Also,be sure you have a picture of your quilt.