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I bought the basket from a garage sale this summer and added a ribbon. The only items that I had to buy was the teapot, and the tea bags.
This is an amazingly inexpensive gift, party favor, etc. You will want to make several and keep one for yourself!
I decided to make gift baskets with items I got from Freecycle or elsewhere for free. The larger gift has a dish as the base, which will be a keepsake for the hostess.