I have a friend who restores quilts. She has restored for customers and recently she was at a yard sale and saw one in the trash and asked if she could have it. It was a queen grandmothers flower garden. She cut off the real damaged portion and she has a stash of vintage fabrics so was able to replace some of the pieces. Turns out it is a very good twin size quilt that she is now selling for $200.
She prefers to restore that to quilt new....go figure. She is very good at what she does.