I'll show you how!
You will need:
-Fabric of your choosing (scraps work great)
-Covered button kits (available in the notions aisle of fabric and craft stores. I bought button kits in ¾" size for my thumbtacks and ⅞" size for my magnets)
-Adhesive magnetic buttons (¾" size works perfectly for the ⅞" buttons)
-E6000 adhesive (or other glue)
Now you can choose if you'd like to make pins or magnets. I did both. To make a pin, add a nice-sized glob (very scientific, I know) of E6000 adhesive to the back of the ¾" covered button and simply push the head of the thumbtack into the wet adhesive and let it dry. You may want to let it dry overnight to make sure it is well set. You could use hot glue as well, but the E6000 is more permanent and will hold longer and better.
The magnets are even easier. Just remove the backing of the adhesive magnetic button and push it firmly into the back of the covered button. That's it. It's ready to use.
These would make a cute gift packaged in a small metal tin or a little bottle. You could use scraps of cloth from a special occasion--a wedding or bridesmaid dress or a baby quilt maybe--to make an extra meaningful gift.
Covered buttons are fun, easy and quick. I have actually made them using patterned paper and gluing a brad to the back for card-making or scrap-booking as well.
Our temporary apartment here in New York may still have stacks of unpacked boxes and no place to put them, but at least I have cute magnets on my fridge! Somehow that makes life seem a little better.