Originally Posted by NikkiLu 
That must have been a typo - that would make a yard of fabric between $36.00 and $40.00 a yard. NOBODY will pay that amount.
Nobody in America, but I have heard prices that high in some other countries though....
Yes many Americans pay that much for a yard of fabric. Most everyone that sews designer clothes and formal wear will pay that and more. I've seen shoppers at big quilt shows drop hundreds of dollars for a few yards of high end hand dyed fabric.