So Many Secrets... and, What is this?

I'm working on a lot of fun things, but I can't post much until the items reach their recipients.  I wouldn't want to ruin the surprise! 

In the meantime, I thought I would post a photo of something that I am slowly working on for myself:

Any idea what this is?

 Maybe you could try out the "Contact Me" button at the top left corner of the blog sidebar and tell me what you think it is!

Maybe I will even throw in a prize for the first correct guesser!

Good Luck!

PS. If you are knitter and you know right away what this is, maybe give a day or two for non-knitters to guess.  I promise I will have more prizes for you in the future.