A "one-off" hand and machine-stitched quilt was offered for sale on an online auction site in March, in the hope that proceeds could be split between the RSA, the Otago Hospice and Ronald McDonald House in Christchurch.
However, the queen-sized creation had failed to receive any bids matching the $2000 reserve price, Upper Waitaki RSA president Michael Blackstock said.
"We had lots of people looking at it, but no bites.
"It was about six weeks I had it on there. I had lots of people commenting on how lovely it was."
It took Puketapu patchwork group member Nick Dempster, of Waikouaiti, eight months to make the quilt, after Mr Blackstock's sister obtained a Canadian pattern that had been inspired by John McCrae's poem In Flanders Fields.
The item would now be taken to Wellington in October to be auctioned, Mr Blackstock said.
"We will take it up to the [RSA] national conference and maybe we will have a bit of a bidding war while we are up there, because there are some pretty affluent associations around within the RSA.
"It is a one-off - there are no other ones in New Zealand."
The RSA would be happy to sell the quilt before the national conference if anyone was willing to make an offer, he said.
North Otago Museum curator Chloe Searle said the quilt had proven a popular exhibit during its time on display at the museum between March and June.