I doubt it would hold up for a clothing article, but consider saving a portion and make it into a wall hanging.
My great-grandmother had 2 surviving quilts that aren't really saveable. I'm cutting 2 foot sections from each quilt and binding them and giving one to my sister and keeping one. Along with a nice photo of each, we can both enjoy them. My sister plans to put her's into a sort of trophy box (framed glass container that goes on the wall).