I made these charms using Tim Holtz Fragments. I bought them from Michaels for 9.99 and there are 48 in the package.
I cut my paper with a razor to fit the shape of the charm...then I ran the paper through my Xyron and stuck it to the back of the charm.
Next, I cut the letter using vinyl and placed it on top of the charm. I used A Child's Year Cricut Cart to cut the letter.