I was in the LYS and as I was checking out the LYS lady clued me in on the sale basket. This is Cruise by Classic Elite Twinkle Handknits, retails for $11.25 and I got them for a buck a skein. It's 70% silk. 30% cotton, DK weight and I love the colors. I'm thinking lace and maybe socks. I love the sale bin.