I stitched this sweet little thread holder as my first Christmas present for next year. Actually, this was my practice Thread Holder and I will make another one for a gift - maybe in lighter colors. I will add to it as the year progresses and give it to a friend who loves to stitch! Maybe add a nice pair of scissors or some DMC thread.
I got the pattern here from The Stitching Place. It's a really quick, inexpensive gift!