I got this idea from my friend Aimee. Visit her blog to see some of her amazing creations.
Card Stock
An old Book
Ribbon
Glue Gun
Permanent Glue Stick
Thick Tagboard or Cardboard
Martha Stewart Circle Cutter (Optional)
In the December Martha Stewart Magazine, there is a 50% off coupon for any of her craft items at Michael's. This circle cutter is AWESOME! It really beats looking for lids and candles to trace. It makes perfect circles in any size you want. It's normally $24 so with the coupon it's only $12. Michael's always has 40% coupons in the mail or e-mail also, so you could use that instead.
Find an old book you have at your house. I found this one at Goodwill for 50 cents. Cut out the book circles first so you know how big to stagger the other circles. By the way...the pieces of brown tagboard I used for the back were dividers in the the paper bins at Michael's. I asked if I could have 3 of them and they gave them to me for free. You could also use a cardboard box to make it thicker and more rugged.
It's hard to find pre-made tag board letters big enough. Plus, they're pricy. Just print letters and then trace them onto the paper you choose. I used the font Britannic Bold. Mix it up with different fonts and colors! Enjoy over your mantle...or over your windows if you are like me and lack a mantle!