A few months back, I picked up a handmade upholstered headboard for $10 at a garage sale. I was thrilled because I had planned on making one with my dad's help. But with this find, all I needed to do was recover it. My daughter wanted a burlap type fabric, so I decided to save some money and use a drop-cloth. I picked one up for $12.99 and washed/dried it.
Working with the nail head trim was equivalent to working with chicken wire: miserable but well worth it.
I must say that the headboard looks much better in person. We are temporarily in an apartment for a few months and our walls are obviously the color of a drop cloth!