I made this little coaster set and stand recently. The coasters are walnut, the stand is elm, and then I used adhesive backed cork. The round holes were made with a router and a template. The underside bevels were made with a tenoning jig on the table saw. It was finished with lacquer and then some paste wax buffed on with steel wool. I hope the coasters will hold up, as I'm afraid they might cup. Time will tell.