This is a taggie I made this morning for Kastyn. Its about 12 inches square. These can be made any size and you can use any ribbon and rick rack you have. I cut my ribbon pieces 5 inches. The color on the pix isn't very good one side is a lime green with flowers and the other side is a sort of purple cloudy print.
Be sure that you do not leave these in the crib or where the baby is sleeping because there is always he possibility that they can wrap their tiny fingers up in the ribbon. If this concerns you you can remedy that by only sewing one end of the ribbon into the seam and tying a knot at the other end.