I think I saw these on Martha's website and decided to give them a shot.
First, I cut 100+ red felt circles. Then Martha said to glue wire to the circle and cover that with ribbon - I am lazy and decided to make life easier by just glueing chenille stems (aka pipe cleaners) to them instead. Once dry, fold the circle in half. Then pinch the two wire ends towards each other. (Does that sound difficult - because trust me, these were a piece of cake.)
I am making these for the PTO Valentine Family Dance next week. I think they will be cute scattered on the tables.