So... I wanted to do something simple, with just flat colours, no shading. Of course, things never happen exactly how I want them ^^'.
Mjölnir / Thor's Hammer

On a side note, look at this, these are some great hammer pendants (I especially like the one on top, it's way more "nordic" than my version) http://varglya.blogspot.com/2010/07/recent-works-more-carvings.html