Alphabets... all of them. Chipboard, stickers, rub-ons, ghosts, brads, everything! Organized by color. And then there's a little plastic pencil box inside (dollar store). I use it for loose alphas, ghost alphas and brad alphas. They are separated with Ziploc bags.
This is the Natural Desktop File holder from The Container Store ( http://www.containerstore.com/browse/Product.jhtml?CATID=74545&PRODID=10013533). It was a raw/kraft color (you can kinda see on the inside), and I spray painted it Antique White. Then I added lace, ribbon and buttons. :)