We finally finished our treasure box. It instantly got turned into a My Pretty Pony carrying case and stage. According to Lu the ponies love to perform -- so there you go.
I glue gunned a ribbon onto the flap as the closure. I had some magnetic backing from a cheap refrigerator frame that the plastic ripped. I glued a strip of it onto the ribbon and then a strip onto the top of the box. A simple magnetic closure. Easy for a toddler to open and close. I left about a half an inch of ribbon over hang to make it easier for little hands to grab hold of the ribbon. See picture.
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It is hard to believe this box started out looking like this.