Here's a cute little idea (if I do say so myself!) that I came up with for a Teacher Gift this year. It's a "Pencil Case" with m&m pencils inside:
It was really easy to make...the hardest part was not eating all the m&ms as I was making it! I've used "Crispy" m&ms, but the plain would work well too. I had to eat all the brown ones because I only had room for 5 pencils.... What a shame! ;o)
I used a framelit to cut a window in my DSP, so that the pencils are visible from the outside. And here are my pencils, all lined up. The m&ms are in our skinny cello bags (trimmed down as they were too long to fit inside the DVD case). You can find them on page 161 of the Annual Catalogue ($4.50 for 50). And the DVD case is on page 7 (Clear Mount Case $9.95 for 4). I've used Summer Smooches DSP.
To make the pencils, I used the Pennant Punch to punch out a coloured Triangle (Tangerine Tango, Daffodil Delight, Real Red, Pacific Point and Gumball Green) and a Crumb Cake Triangle. I hand-cut the tip off the Crumb Cake triangle so my "lead" would show. I re-inserted the other end of the Crumb Cake Triangle into the punch to get the inverted scalloped edge. I used Pretty in Pink and the Petal Card Punch for the eraser, and just a small rectangle of Brushed Silver cardstock, scored at regular intervals for the "metal" piece.