I knew I wanted to cover it with pretty paper so the first thing I did was paint it white so the dark blue background wouldn't show through the paper.
Then I picked out some of my favorite Melissa Frances papers, cut them to size, cut a hole for the knob (that was the really tricky part!) and mod podged them to the drawer fronts.
After the mod podge was completely dried I sanded...and sanded...and sanded to give it a "lived-in" look. I Printed out some "No.___" labels on vintage ledger paper and glued them under the knobs.
Then I stamped random shapes and numbers on the labels and...viola! A totally transformed treasure!