I just found three of these lovely old cut paper weavings, listed individually, and think they must have been done by a very dexterous and meticulous school girl, or perhaps her teacher, as they are quite finely crafted. This one is burgundy and silver, and the first I've seen that is pictorial, woven to form a teapot!
The paper weaving is neatly mounted on a piece of cream colored lightweight cardstock type paper. Overall: 9 1/8" x 9 1/8". Weaving itself: 4 3/4" x 4 3/4". Excellent condition.