Cotton Theory technique placemats
This is the coolest thing - and I've been trying to find it since I last visited the AQS Quilt Show in Paducah (2004, 2005?). You quilt the pieces first, then use the Cotton Theory's "fold and finish" technique for reversible quilts (or in this case, placemats).
Side one

Alternate side

Middle section assembled
Placemats are finished!
Back side

Front side

Second set of placemats - for my mom for Mother's Day 2008
Front (pink) side

Back (green) side
