This would be a neat Valentine's Day gift. if I could bring myself to punch holes in a book. Maybe I could use old magazines instead. Punch a hole in the shape of a heart into an old book and arrange them into a frame for a decoration.
As a gift = Wrap a bottle of wine using old shirt sleeves and a pair of cuff links. No directions but if I were making this I would just cut the shirt sleeve, make a hem, add a pair of cuff links and there ya go.