Here's a card I made ages ago using three new products from the Holiday Catalogue - the Delicate Ornaments Thinlits, Versatile Christmas stamp set and the Curvy Corner Trio Punch.
I die cut the ornament and then put it back in the cutout (I used the new Tear and Tape Adhesive to hold the ornament in place but didn't remove the backing tape). The card front is adhered with dimensionals for height and finally - add a bow and you are done.
Stamp Set - Versatile Christmas
Card Stock - Cherry Cobbler, Whisper White, Gold Foil
Ink - Cherry Cobbler
Other - Delicate Ornament Thinlits Die, 1/8" Gold Ribbon, Curvy Corner Trio Punch, Dimensionals