I have a question about buying an Amish quilt.
#2
Banned
Join Date: Mar 2010
Location: Sturbridge, Ma
Posts: 3,992
Depends on the quilt. If vintage then perhaps. If a new one, then it provably won't. I am not sure a quilt is a good investment at this time in our economic history. A quilt appraise would have a better answer. I suggest a lot of research before making a large purchase.
#3
Member
Thread Starter
Join Date: May 2012
Posts: 2
Yes, That is what I thought. I am going to a big Quilt auction in Michigan tomorrow and thought about spending 1,000.00 on a good quilt for an investment, but maybe I should wait.
Last edited by wentaway; 05-17-2012 at 06:42 AM. Reason: spelling
#4
Power Poster
Join Date: Dec 2008
Location: Western Wisconsin
Posts: 12,930
Think of it like art. Not all art is a good investment that will appreciate over time. In fact, most won't. The same is true of quilts. I would never advise anyone to invest $1,000 in a quilt these days, expecting it to appreciate. Chances are about 99+ out of 100 it will not appreciate.
Also, have you considered liquidity? Quilts are not exactly a liquid investment vehicle. It's *hard* to find a buyer for a quilt. At least with art there are art galleries that will handle the buying and selling of works of art. There is no equivalent of that for quilts, which means that there is a lot less buying and selling going on.
Is this quilt auction for rare vintage quilts? Or for newly made quilts? The quilts that you see on the road show are rare, unique, and in some way of historical value. You will not get that in a new $1,000 quilt purchased at a quilt auction. A vintage quilt of that price *may* appreciate in value over time, but then again it may not. Not all art appreciates over time.
Also, have you considered liquidity? Quilts are not exactly a liquid investment vehicle. It's *hard* to find a buyer for a quilt. At least with art there are art galleries that will handle the buying and selling of works of art. There is no equivalent of that for quilts, which means that there is a lot less buying and selling going on.
Is this quilt auction for rare vintage quilts? Or for newly made quilts? The quilts that you see on the road show are rare, unique, and in some way of historical value. You will not get that in a new $1,000 quilt purchased at a quilt auction. A vintage quilt of that price *may* appreciate in value over time, but then again it may not. Not all art appreciates over time.
#8
I'm trying not to laugh too hard. Generally speaking, the Amish quilts in this area are highly sought after.
#9
Or did you simply mean is 500,800 or a 1000 for a quilt, money well spent? If you want it & like it, buy it.
#10
Senior Member
Join Date: Apr 2011
Location: Ohio
Posts: 952
We lived in Amish country in Ohio for about 7 years in 1988-95 and they always had an auction in the spring to support the school supplies/doctors/all for the handicapped. We bid and purchased a quilt every year and the price was always between $900 and $1200. They were ALL handmade by the women of the community and ALL the proceeds went to the school. People came from as far as New York to purchase these quilts. You could go around and examine them, check out the work, see which women completed which quilt. I still have all these remarkably beautiful quilts and even tho I am have now started quilting, I still look in amazement at the quality of the work and the durability of these quilts. I love and use each and every one of them. We did it to get beautiful quilts without the guilt of spending so much money for the quilts. We gained and they gained. Investment, not so much.
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