This pattern has so may versions, and every one has one! Here is mine.
This Elfin topper with it's rolled brim is always a quick fun knit. No mater what you make it of, its just darn cute.
As this Momma wants a washable yarn I used "I Love This Yarn" purchased at Hobby Lobby.
Using size 6 needles I cast on 64 & joined in the round
Knit 5 rounds, switch to size 8 & continue until body is approximately 4 inches. Knit 1 round placing markers every 16 stitches. The next 2 rounds K2tog decreasing at each marker. From this point on I decreased every other row until I have 20 stitches. From this point decrease every other stitch. In other words, knit 1 k2tog, k1, k2to to end of row.
Repeat until you have 4 stitches. Knit I cord for approximately 1 inch & tie off. Make tassel and attach!
Takes just a little over an hour. Larger sizes can be made by increasing stitches in multiples of 4