First, please read here for recommended image sizes on the forum (640 x 480).
Like pony mentioned, lighting, texturing, and rendering need work. You need to fix your texturing on the holder (adjusting the UVs where the wood texture is so they don't stretch). Second, start out simply with the lighting and textures...google some mentalray tuts to get a decent setup you can start with...your highlights are completely blown out.
Concentrate on one texture at a time instead of just rushing through it....lighting and texturing MAKE the model. Pay attention to details...like the ribbon on the handle....what's it attached to? Think about the scene...the room it's in and what you're really trying to achieve or convey. Be extra critical on your own work.
"Terminat Bora Diem, Terminal Auctor opus."