Absolutely stunning quilt set! Awesome quality....refinished my master bedroom around this quilt set and it looks amazing. 
The colours are true to the advertised picture and true to size. I have a sleigh bed so I don't need a bed skirt, you would probably
want a bed skirt for a normal bed. I've read other reviews on other quilts about them shrinking...I always wash my quits with Zero or Woolite, in cold water, delicate cycle and hang to dry. I have never had a problem with shrinkage.