I wanna make pen and pencil ones now too...
I've been asked to give the pattern, its really easy
Materials: 2 balls MC and I CC (both Patons Gold DK - though my gage was a little loose and I'd maybe try aran weight if i did it again)
1pair 4.5mm needles
Bobbins (USE BOBBINS OR YOU WILL GO MAD)
Also, to back, you'll need about 1m by 20cm of black fleece (this is generous, but should do it, I suggest you knit then measure before you buy), a normal sewing needle and some black cotton thread.
gage: 17sts and 23rows to 10cm x 10cm square in st st. Note my knitting is very loose so you should check your gage first.
Its stocking stitch throughout.
CO 10 sts, and m1 at the end of each row till you have 22sts. Knit in st st till it measures about 11cm. CO 4 sts at the end of each row (so you now have 30 sts in total) and knit for another 5cm.
Swap to CC, and knit 6rows, then 4rows MC, 2 rows CC.
Knit 20rows CC.
*K11 CC, change to (A BOBBIN OF THE!!) CC, k8, swap back to CC and knit to end
P8 CC, p14 MC, p8 CC
k5 CC, k20 MC, k5 CC
p5 CC, p20 MC, p5 CC
k5 CC, k20 MC, k5 CC*
Now pause to draw yourself out a chart for the label. I'd pass on mine but its paper and covered in scribbles, its easy enough to do your own, adn you might want to change the shape at the ends of the label, I'm not sure about mine.
I used the letter grid from Magknits Crime of Fashion (http://www.magknits.com/Aug05/cof.htm
). The letters are the MC (in my case blue) with a CC (black) boarder of four sts either side. there will be 5 MC either side of that. Which means at times you'll have up to seven bobbins going at once. Don't be tempted to faire-isle it, it'll go all lumpy. Oh, and remember you're working from the "N" up (or "A" if your going to make it say crayola)
Knit and purl and bobbin away till you've got to the end. repeat the section * to * but back to front (so it mirrors the start)
knit 20 rows in MC, 2rows CC, 4rows MC, 6 rows CC, 14 rows MC
BO, weave in ends, go to your friendly local fabric shop for some black fleece to back it with. Done
The whole thing measured nearly 1m