This is not a new project, at all. You can tell by the tiny quilting stitches. I found this beautiful vintage quilt top years ago and put it together and quilted it by hand--oh, twenty years ago or so.
The butterflies are all hand-appliqued and embroidered, many of them in silk fabric. Some in cotton shirtings. Sweet.
This will go in the shop this weekend, so keep an eye out, if you're interested.