How Do You Determine The Retail Value Of A Handmade Quilt?
The nature of handmade quilts make them hard to price. There are many factors that go into calculating the market value. Some of the factors are concrete variables, while others are subjective variables. Calculate the amount of time it took the creator to make the quilt. If you are the maker, you may have kept a tally of the hours involved in making the quilt. In cases where you are not the maker, a standard formula can be used to estimate the number of hours. Multiply the length of the quilt by the width. This is the square footage of the quilt. Multiply the square footage of a quilt by 1.43. The answer is the number of craftsman hours contributed to the quilt. The number of hours times the current minimum hourly wage is your base price for the quilt. Add or subtract value for the amount of quilting stitches. If every quilt top piece is hand quilted 1/4-inch from the seam the quilt is of standard value. Use this as a rule of thumb when valuing work in other quilts. When fewer pieces a
