Prepare the basswood round, sanding the surface until smooth with sandpaper.
Using a 1" flat paintbrush, paint on either Pink and Patina onto the round. Wipe off excess paint using a dry rag and/or brush.
With a graphite pencil, free-hand the monogram letter of your choice or a heart.
Paint the heart/monogram base with Indian Turquoise, Pumpkin, Coral Blush, Cadmium Yellow, Melon, Wild Orchid, Peacock Teal, Sea Breeze, Pineapple, or Wisteria.
Embellish the monogram base with accents and highlights around the heart/monogram. (These can be highlights, dots, and/or flowers.)
Once finished accenting and highlighting, drill a very small hole through the top of the round for the cord of your choice (leather, cotton, etc).