Just gorgeous! If the repairs would curtail any further damage from happening, then I would repair it and of course it appears that it would have to be done by hand. Judging by the photos, the repairs seem simple and there's enough fabric remaining. It's just a stunning quilt with a rich history, I'd make a label or at least write down the history while it's fresh in your mind.
Great gift! Great pics of memorable adventures! Post more!
Kind Regards,
MaryAnna