Our parents were in the antique business. One time they bought the basement contents of an old mercantile store in a nearby town. That means my sister and I have a lovely stash of vintage laces, trims, and other "ladies" things. I have many, many paper initials, which women embroidered over to monogram their hankies, lingerie, etc.
Several years ago I repurposed a couple old hankies to make this sweet little purse. What would you put in it? Perhaps....a hanky! Too fragile to hold much else. I used a very fine machine embroidery thread to hand stitch over the two, small paper initials. (I first tacked them down at the points.) The tatted edging was removed from another hanky and attach to the purse as the front and back were hand sewn together. I used a heavier fabric for the back.
In the post below I ask for help in identifying some "mystery" initials!