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This is a modern version of the Chinese "Double Happiness" icon. It is considered good luck to display it in your home. It makes a nice Christmas ornament when cross stitched with black thread onto red 11 gauge material.
Time: About an hour total
Cut a bit larger than you will need, and pull 2 - 3 threads from the end, creating a nice fringed effect. You might chose to edge with gold brick-a-brack. Add a hanger with a bit of red or black thread knotted at the back