Overdyed Quilts

How gorgeous is this overdyed quilt from Spartan?  As soon as I saw it, I knew I wanted to copy the idea.

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I've been holding on to a small child's quilt for a while now that has some staining on it, but the overall pattern and the individual fabric patterns are so sweet!

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I thought about cutting it up to make pillows or to frame, but how sweet would it be to overdye this quilt for Margot's nursery? I love the idea of getting to save the quilt and I think hot pink would be SO cute! 

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