I would "try" to trim it as even as possible, even if the edges aren't straight. It's so beautifull. I would not use fray check. Sometimes it can stain. I used it on the edge of a dress where the zipper was. Ruined the dress.

Keep in Grandmas tradition, machine stitch a white muslin binding on. But maybe after applying the binding, add a decorative red stitch on top next to the binding.

Thanks... I like the idea of a red hand stitch on the binding. Back then, they didn't do a lot of "hidden" stitching, so everything was visible. I'll do a test strip today and see if it looks good. Will post pics later today and ask for input.

Sparky's idea sounds great...I am loving this thread...watching your progress and the beauty unfold has been really good.