Ribbon Wreath

I needed something to hang above our "mantel" - really several bookcases that we hang our stockings on - and didn't want to buy anything (having already gone over my holiday budget!). I started looking for round things around the apartment and came across this old plastic serving tray. I also have tons of ribbon (the paper kind) from a box that I got at a thrift store. I used double sided tape to attach the ribbon and just folded the ribbon like ribbon candy. What do you think?