I recently purchased a vintage quilt. The binding is very tattered. The quilt it self is in excellent condition. What is the best way to repair this quilt? Or should I just leave it as is since I will not use it for anything but display?

when i repaired a quilt like this I just sewed with tiny stitches the binding back together but it wasn't very tattered. their are many websites on the web telling about how to repair old quilts if you just type in repairing vintage quilts. But I am sure there is someone here that can tell you as much as they can.

I would just sew a new binding over the tattered one.

Does repairing an old quilt devalue it?

how old is the quilt? What period of time.
Yes, repairs to devalue. It then becomes whatever is the newest put in.
If just the binding, you can get authentic fabric.
I would remove the existing binding and do a new one.

I think this would be my solution too. That way you will still have the whole quilt under the new binding.

you can easily remove the binding and replace it with a new binding- or you can just make a new binding and put it over the raggedy one- your choice- personally i remove old ratty bindings and replace them with new ones- but that's just how i do it.

I don't know how old this is. I know I don't remember seeing these fabrics and I am old so it has to be older than I am. The frayed edges are on the top and bottom and not the sides. My guess is that it is from the wear and tear of being used.

A new binding won't hurt, it's a stunning quilt.
The gal who owns a lqs here in town had repaired a quilt for a gal and when I heard she was getting 35.00 an hour I was blowen away. Not that it's not worth it but this was being repaired because her bird destroyed it and he would get it back aftere the repairs.

I would delicately tie down the frayed strings and leave it as it is. You can always fold it so that the frayed edges don't show.