I have done five like this. Pretty easy to do and I think it does a pretty good job of displaying the fan and the beard. I have never kept the spurs.
I kind of ran out of room to display any more full fans so last year I made this one up. I will take one tail feather from each turkey and the beard. In the end I should have a fan made from a dozen or so different birds, with the beards lined out below.
Here is what I did with my tom from a couple years ago. Luckily my in-laws have a pile of old farm building and scrap wood laying around and I really liked how it turned out.