I've just received this as a gift. A friend (aged 80+) inherited from her mother who bought it in an antique shop, in the 1980s I'm guessing.
I don't want to take the frame apart but I can see that the fabric looks thick and heavy, woven with what seems to be metallic thread. The sequins are glass.
The lady who gave it to me has no idea what it is (neither did her mum) and I'm hoping to find out for her.
I'm wondering if it could have been the edge of a 18th century men's jacket... but that's a wild guess from a place of ignorance!
Thanks in advance.