Not sure just what this panel was intended to become, but it has the distinct look of a fraternal order sash or belt (large!). Seems to me someone told us that the four 'F' stood for such things as 'Fidelity', etc., etc., and was a religious or fraternal insignia from Germany. Experts? Would, however, be a wonderful panel to incorporate into the top of a fine down-filled & opulently fringed accent/throw pillow for your home.
Excellent condition! Never made up, so it hasn't any beadwork or woolwork losses. A fine old tapestry panel! Great colors, too.
Antique French sterling silver, Georgian jewelry, sewing, Black Forest, etc 17th to 19th c. European
AUTUMN SALE - 25% OFF (all but newest listings) priced as marked. 13+ Years as RL's #1 Antiques Shop