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This appears to be a modernist figural tapestry or textile art piece, possibly dating from the mid-20th century, with a style similar to expressionist or cubist paintings.
The specific artist or origin is not directly identified from the search results, but the design shares visual characteristics with works by artists like Erik Olson or those from the Bauhaus movement, such as Anni Albers.
The panel is 7 x 4 feet. It has the intials JB and NI at each corner. It could be a wedding coverlet. The origin is European and the period in mid-century.