I saw this neat idea and thought I would try my own twist on it, using glass beads.
A green floral cone
1/4 yard of felt (or less)
Small glass beeds
The process is extremely simple, all you do is trace a round shape onto your felt, I used a lotion cap. I used about 40 cut outs, but the size of your cone and cirle shape may have you make more or less. Cut out the circles. Push a bead onto each pin before pinning on your felt. Begin at the bottom of the cone overlapping the felt just a bit. On the next level, overlap the felt over the first level you pinned on. Adjust the felt anyway you like to cover the cone.
The top felt is a little more complicated. Before you place the final round of felt on, cut out a larger circle, I used a soda can. Trace the top of your cone onto the middle of your circle. Use your scissors to snip 6 slits from the outside edge of the large circle, but do not cut into the circle you traced on. Place the felt on the top of the cone, overlap the edges of your split cirlce to cover the cone, pin into place. Finish applying your last round of smaller felt cirlcles. They should cover most of the top felt, hiding your seems.
To make the bead topper, all you need is to put four beads on one pin, center it on the top. The place three beads on five more pins, adding them around the 4-bead pin.
The cost of my project was $1 for the cone, $1 for the felt, $1.50 for the beads. So, at $3.50 + tax, you have a very lovely decoration for Christmas or a nice present. My cat, Tibby, seems to approve of the new addition as he is seen here photobombing as I was taking photos of the tree.