YES! At least, in my experience, putting material of any type through
the rolling mill with enough pressure to create a clear impression on
well annealed metal is pretty well fatal to the material.
If the lace collar has sentimental or dollar value to you, keep it
wrapped in tissue paper in your cupboard and don’t let it get near
the rolling mill.
I’ve used all sorts of materials, from chenille, towelling and onion
bags to lace (cheap lace!) and they have all been well and truly
spoiled by the experience. Even the onion bags (which make gorgeous
patterns) don’t survive.
Australian Natural Gem Jewellery