Before You Start:
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Designed by: Lori J. Cave
Skill Level: Beginner
Yarn: 1 Ball of Yak Wool from Nepal
Needle: U.S. size 7 16' circular & 1 set of size 7 double-points OR 2 size 7 circulars
Notions: 2 Pony Beads
Gauge: 6 stitches & 8 rows/inch in spiral pattern
Hat measures approximately 20" circumference & 9" high.
P2tog—Pearl two together
SKP—Slip stitch over
CO— Cast On
Rnds 1 - 4 create a spiraling rib effect by offsetting the pairs of Knit & Purl across the stitches.
For those of us who have not worked I-Cord before, I-Cord is worked on double-point or circular needles in what I would call rows, because you work the stitches, then push the stitches to the right to be worked, again. You do NOT turn and the same side always faces you. There are plenty of videos as well as other written instructions online.
Cast on (CO) 96, being careful not to twist, join into rounds.
Rnd 1: K 2, P 2, around.
Rnd 2: P 1, *K 2, P 2, repeat (rpt) from * around to last 3 stitches (sts); K 2, P 1.
Rnd 3: P 2, K 2, around.
Rnd 4: K 1 * P 2, K 2, rpt from * around to last 3 sts; P 2, K 1.
Repeat Rnds 1 - 4 until piece measures 8 3/4", ending with Rnd 4.
Next Rnd: Slip 1, Knit 1, Pass slipped stitch over (SKP), Purl 2 together (P2tog); around (48 sts).
Next Rnd: P 1, K 1, around.
Last Rnd: Yo, P2tog, around.
Bind Off Knitwise.
Leaving a 6" tail, CO 2.
Work I-Cord (See Notes) for 120 rows/rounds.
Bind Off, leaving 6" tail.
Thread drawstring through Rnd at top of hat.
Cut 8 12" lengths of yarn for tassels.
Next thread a pony bead on to each end of drawstring, then pull 4 of the 12" lengths of yarn one half way through the stitch on each end of drawstring. Tie an overhand knot to secure bead and tassel.
Weave in ends.