I used a Styrofoam cone (from the Dollar Tree) and fluffy yarn (I do not know it's "Real" name.)
You could use regular yarn , metallic yarn or mini bead garland.
I decorated with pom-poms but beads would work well also. For the topper I twisted a paper clip and pushed it into the cone.
I think this would also be cute if you cut some of the bottom of the cone off (about 1/2 way) and used it for a place card holder.