I checked it out for myself, but decided to elaborate on the scheme somewhat, and the pictures below show the finished palette. I should confess however, that it took me several abortive attempts to make the basic folder, before I got it right.
The Peerless paints. as far as I am aware, can only be purchased from the USA, but buyers beware, the postage and insurance is very expensive and because of the wording on the customs form, I got stung with a hefty customs bill, so all in all it was not an economical purchase. That said, they will last me for a very long time.
I decorated the folder with a paper line that had been in my stash for ages, embellishing the front fussy cut flowers with stickles and the spine with wide chocolate brown lace. The title was printed on an oval Nestabilities die cut with the edges inked with Vintage photo distress ink
I added a medium tipped water brush before giving my gift and my friend was really pleased with the whole idea.
All that remains is for me to make another palette for myself, when I have the time.