Go ahead: give a diamond ring to every kid in class!
Start by twisting two pipe cleaners together. Place a chocolate kiss in the center, point side up.
Wrap the four pipe cleaner ends around the top of the kiss, then twist them together.
Bend both pairs of ends into a ring.
Twist the ends together at the top of the ring. Trim the ends.
For the tags, cut card stock into half-inch strips about 4 1/2 inches long. Use a hole punch to make half-circle holes near one end of the strip. (This will help the folded tag fit onto the ring.) Write a message, then fold the strip around the ring and secure it with glue.