I made a throw for my niece last year, and used her monogram. I would do it again for a wedding quilt using a couple's monogram.
http://www.quiltingboard.com/members...70-301591.jpeg The monogram is hand embroidered and the quilting is hand quilted. You could make the monogram any color (even white!)
I used a black backing, and I wouldn't make that mistake again!!