Diamond In The Rough by Amy E. Anderson

Diamond In The Rough

Knitting
Sport (12 wpi) ?
6 stitches and 8 rows = 1 inch
in stockinette in two-color knitting
US 5 - 3.75 mm
200 - 220 yards (183 - 201 m)
One size to fit kids and adults
This pattern is available as a free Ravelry download

Click on title to see phots of top view and picot edging option.

This pattern is much easier to knit than it appears, although I would suggest that you have some previous experience with two-color knitting. The color pattern is a simple, 6-stitch repeat. The pattern gives two choices for the lower edging: a picot edge or corrugated ribbing.