Masters of the Wild said:
Specific Weapons
The following specific weapons are usually preconstructed
with exactly the qualities described here.
Arrow of Cure Light Wounds: When this otherwise
normal +1 arrow strikes a target, it does no
damage . Instead, the target is affected as if by a cure
light wounds spell, which cures 1d8+1 points of damage.
If such an arrow strikes an undead target, the creature
is entitled to spell resistance and a Will save (DC 11)
for half damage.
An arrow of cure moderate wounds cures 2d8+3 points of
damage and has a save DC of 12. An arrow of cure serious
wounds cures 3d8+5 points of damage and has a save DC
of 13. An arrow ofcure critical wounds cures 4d8+7 points of
damage and has a save DC of 14.
Caster Level: 1st (light), 3rd (moderate), 5th (serious), 7th
(critical); Prerequisites : Craft Magic Arms and Armor, cure
lightwounds (light), cure moderate wounds (moderate), cure serious
wounds (serious), or cure critical wounds (critical);
Market Price: 107 gp (light), 607 gp (moderate), 1,507 gp (serious),
or 2,807 gp (critical); Cost to Create : 57 gp + 4 XP
(light), 307 gp + 24 XP (moderate), 757 gp + 60 XP (serious),
or 1,407 gp + 112 XP (critical).
Yes, it's from the 3.0 Masters of the Wild. Yes, I realize the item creation rules are outdated. However, this does show that it's not a totally outrageous idea, and backs up the notion that arrows made like this are made singly, not in batches of 50.
Using the above formulas, I get that a Heal arrow would cost 6607 gp, assuming an 11th level caster.
And, looking at the Quiver of Anariel, I've figured out that the cost is determined by 28000 + 4*[cost of making 50 of a given arrow] + 2*[material cost for 50 arrows as per DMG].
So, as far as I can tell, a Quiver of Anariel(Cure Light Wounds) would run you...
28000 + 4*[50 * 107] = 49,400 gp.
A little cheap IMO, but that's how the formula works out. Keep in mind I'm pricing an individual arrow based on the Masters of the Wild versions...
Now, just for kicks, here's the Quiver of Anariel(Heal):
28000 + 4*[50 * 6607] = 1,349,400 gp.
Yep! That right there is what you call an artifact. As a DM, I would be damn sure never to let the players ever ever get one. In fact, I doubt something like this could even exist without being in the ownership of a deity or something like that.
Anyways, I'm done rambling. There's an analysis for you.