This is the best quality for the money.  It is VERY thick and warm.  Beautiful color.  The only thing is that the edges aren't sewn and neither are the fringes.  No-one would ever notice that though!  Also, since the shawl is heavy it lays like a blanket on your shoulders a little bit.  It could work for over a formal gown, but it would work better if it were a little bit thinner.  But if it were thinner you might be cold- so I recommend this!!