This ornament is blown into the shape of a tassel.  This prototype design was modified to include a gold band around the top of the tassel which eventually went into production.  There is now only one prototype item remaining that is completely blue and white.  A unique and unusual shape for an ornament!  
The Blue and White Tassel - Prototype Ornament
Handcrafted in Poland
Made from glass
Molded in the shape of a tassel
Approximately 4 inches tall (10cm)
Made by Thomas Glenn Holidays