The gift tags are a lovely way to use up images on old birthday, christmas cards, pics out of magazines etc Why not customise a few for a friend- I made a set of flower gift tags with a bit of glitter for my mum and nan, they loved them!
Then cut out your circle shape and stick it onto come stiff card - I recomend you dont use pva as this maks the paper wrinkle.
Finaly thread some string or embrodiary thread throught the hole and make a small knot at the end! Now you have your gift tag.
You can glue gems or glitter ontop to make the tag even more pretty if you wish.