An attempt to give the appearance of a snapshot taped into a scrapbook.
1. Open image, create duplicate, close original.
Enlarge the Canvas by a few pixels to get the white photo border. I added text for date, as
was traditionally done before border-less pictures became popular.
2. Rename background layer to unlock it. Name "photograph"
3. Create new layer, move it to bottom of layer stack. Name this layer something
like "wall", or "scrapbook paper".
4. With "wall" layer active, Edit Canvas Size. Enlarge enough to add shadows and tape.
Fill with color and texture as desired.
5. Make the Photograph layer active and add layer style: drop shadow. Then chose the option
to make the drop shadow on its own layer.
6. Transform the shadow layer to make the photograph appear flatter in the opposite
corners where the "tape" will be placed.
7. Activate the photograph layer, use Liquify Filter to bend the "untaped" corners
Repeat for the drop shadow layer.
8. Make new layer above the photograph to add emulsion cracks with fine white brush.
9. Make new layer on top of layer stack to draw the tape.
Make two selections in the desired position. Save the selection so you can return to it later.
Get artistic to simulate tape. I painted some "aged" color, added texture and motion blurred in
the tape's orientation. I added a drop shadow with orange "discoloration", bevel/emboss
and stroked the tape selection with a 1 pixel light yellow for edge highlight.
Adjust the layer and fill opacity until it looks good.
9. Invert the selection and select the Photograph layer. Used color and/or hue-saturation
adjustment layers to fade the image (especially red) without fading under the "tape".
Be sure to Link these adjustment layers to the Photograph so that the colors on other layers
won't be affected.
10.On the photograph layer, I added a very slight bevel/emboss and drop shadow layer style to
define the edge of the photo "paper".
11.I added a dodge/burn layer (Overlay mode with 50% gray) above the Photograph layer and used the
Black and white brushed to respectively darken to corner and lighten the bottom corner of
the photograph where they appear to be bent.