It can be worn with the point up, which makes it look like a pixie hat, or..
you can turn over a brim at the bottom and wear it like a beanie. Very versatile!
I used size 4mm needles and dk yarn. You will need a darning needle to sew it up.
The hat will stretch to fit my head, so size wise I would put it at 6 months and upwards, just lenghten the ribbing for bigger heads.
Cast on 100 sts.
Work K2,P2 rib for 4 inches.
To shape the top work the following decrease, keeping the rib pattern correct (I have just written it was knit (K) as I didn't write it down as I knit it. The picture below should show how it looks):
Row 1: (K8, K2tog) to end - 90 sts.
Row 2 and every alternate row: Work rib
Row 3: (K7, K2tog) to end - 80 sts.
Row 5: (K6, K2tog) to end - 70 sts.
Row 7: (K5, K2tog) to end - 60 sts.
Row 9: (K4, K2tog) to end - 50 sts.
Row 11: (K3, K2tog) to end - 40 sts.
Row 13: (K2, K2tog) to end - 30 sts.
Row 15: (K1, K2tog) to end - 20 sts.
Row 17: (K2tog) to end - 10 sts.
Break off long length of yarn, thread through remaining stitches and pull up tightly. Join side seam and weave in ends of yarn.
And now a final 'arty' shot from my photo-shoot with Smem.