The Ghost Candelabra is a charming update to...you guessed it, the candelabra. It's made of lucite panels etched with a line drawing of a candelabra, and the candles perch in the four included glass-cup inserts. Supposedly when the candles are lit, their flickering light lends a ghostly look to the whole thing. And when you're not using it, it folds flat for storage. It's not only brilliant, it proves that modern design, candelabras, and ghosts can all work together.
And since I took a shot at Design Within Reach earlier for their outrageously priced Oskar light, it's only fair to note that they have a great sale price on the Ghost Candelabra at the moment...just $39.95 (of course they normally sell it for $75). Cheapest I found it otherwise was $50.