Print a picture, paint a piece of wood black, cut picture to the size of the wood. Mod podge the wood then lay picture on top. When dried thoroughly, sandpaper the edges, mod podge over the picture. Use eye hooks and pretty ribbon to hang.
This would be a neat Valentine's Day gift. if I could bring myself to punch holes in a book. Maybe I could use old magazines instead. Punch a hole in the shape of a heart into an old book and arrange them into a frame for a decoration.