For this tag I used a beautiful FTU kit "Steampunked" by Vaybs and you can get it here. Thank you!
You can get the template and mask for this tag here.
The tube I used was from the wonderful artwork of Nikki Burnette. It is a PTU tube and you can purchase it and a license at CILM.
When you decide which tube you would like to use for this tag simply resize it to the size you feel looks right. I resized this tube by 95%.
Copy the tube
Select raster layer 3. Then edit, paste a new layer. (Your tube should appear on top of the frame in Raster 3)
Give the tube a drop shadow. I use the settings 4, 4, 60, 4.00.
Make the tube raster layer invisible by click the eye beside it (a red "X" should appear).
Select the freehand tool and select the option "point to point"
Click the top left inside of the frame, then the lower bottom corner inside the fram, the lower right corner inside frame, take the cursor and click straight down toward the bottom of the tag, then the bottom left corner of the tag, then take the cursor and click the first point. Right click and the marching ants should appear to show you your indicated selected area.
Select the Tube layer and make it visible again by clicking on the eye (the red "x" should disappear).
Now just hit the "delete" key. This should delete any excess parts of the tube sticking out of the bottom of the frame.
Hope this helps and ENJOY!!!!
P.S. I am still new to writing tuts so if you have any comments or constructive critism please feel free to let me know. :)