I love stocking caps! When I found the Munchkin Hat pattern, I just HAD to knit one!!! It is a great way to use up scrap yarn (I always have a LOT of wool scraps laying around from projects I knit for my children AND for my Hyena Cart shop, "Squeakin' Cheeks"!)
I used size 8 circular needles and size 8 DPN's that I got from a local yarn shop! The yarn is mostly Cestari Fine Merino and organic O-wool Classic! I love both yarns because they are 100% wool and I adore natural fibers AND the fact that they are nice and warm!
I modified the "Munchkin Hat" pattern
(from Ravelry. Instead of sticking exactly to the pattern, I decreased quicker at the top, like for the top of a basic knit hat, but left a good amount of stitches and continued knitting around, decreasing every 3 inches. I added a tassle at the end that I learned how to do by watching a video I found on youtube!
It was pretty easy except for knitting the stripes on the small circumference at the tippy top! They yarn can get a little tangled if you aren't careful, but it's SOOOO worth the extra work! I didn't time myself, but I would say it probably took me 8 hours or so to knit.
As you can see from the first photos, I WAS going to sell this hat, but I fell in love with it and it's now my daughter, Suri's, Maine winter hat! You can see her wearing it in our Christmas family photo!