we made a big batch of our own gifttags this year... perfect for adorning all the homemade pressies we're gifting :) we used luggage tags as the base, they're pretty cheap from the stationary store. I picked up some festive scrapbooking papers, and an assortment of embellishments & gold and silver pens.
we cut a rectangle of festive paper, a little smaller than the gifttags
stick a rectangle to each tag, leaving a border all around
then get busy decorating them!!!