It depends on what you think is fair for you making it, how good of a friend this friend is, and how much you like making this quilt-I spent 32 hours making a King size for my son-in-law and charged him $300.00-this was fair to both of us, we negotiated the price at the first-he supplied all shirts and material/thread-he thought it was fair and so did I in fact he gave me the price-I said okay-think before you quote, not after when you are done, and see how much You put into it