What a great find. But what you have is not a panel but a 60" wide fabric. Most likely vintage or intended to be used for lightweight upholstery (like cushions for a wicker couch or window seat). When touring the 1000 islands region a couple years ago, we went to the Boldt houseboat (robber baron of the gilded age) it had been restored to replicate decor of the era and the sofa on the houseboat was upholstered in that same insect fabric. It was gorgeous. Like so many others who posted I would so tempted to leave both as a whole cloth throw quilt. Simply border it, quilt it and bind it. A good LA quilter could really make it shine.