You may get .psd* file of "Vintage style monogram in the antique golden frame" Photoshop tutorial by making a payment. Put the tutorial title in "Add special instructions to seller" line of PayPal and it will be sent to you shortly.
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- Insert silk image.
- Apply Auto Contrast and Sharpen Filter.
- Make image Black and white.
- Load selection for monogram, go to Select > Modify > Expend 1px.
- Apply layer style effects to silk monogram just like in the example below.
- Return to original monogram layer, place this layer above silk layer.
- Set Fill = 0%.
- Add Bevel and Emboss effect.
- Apply Stroke effect.
And here is the result! Click for larger view!