This is Sev(en) cirlce, a pattern by Kirsten Johnstone. I absolutely love it. A clever and fun pattern using leftover bits of special yarn gives you this fun knitted accessory. Somewhere between a cowl and a necklace, it keeps your neck just warm enough. I've made two already, and just started on a third. I may need an intervention! This one was made with a leftover skein of a merino-silk blend, and its drapes beautifully.