Imagemagick Favicon One-Liner

convert $SOURCE_IMAGE  -bordercolor white -border 0 \
      \( -clone 0 -resize 16x16 \) \
      \( -clone 0 -resize 32x32 \) \
      \( -clone 0 -resize 48x48 \) \
      \( -clone 0 -resize 64x64 \) \
      -delete 0 -alpha off -colors 256 favicon.ico

via pfig’s gist