I mark the center of the blank using my center finder.

I hog away most of the blank using a bowl gouge. I then switch over to my carbide tipped easy wood tools rougher.

In combination with my rougher, I mainly used my skew to get the taper looking good.

I cut grooves out for the leather strapping.

I sanded with 80, 120, 180 and 220 grit sand paper to get the stake smooth.

I used a hand saw to cut the stake from the blank. I show this in the video above. I then take it over to the bandsaw to cut the remaining stock off of the back.

Since I'm using a water based finish, I pre-raise the grain by wiping the stake down with water and letting it dry. Once it's dried, I hand sand with 220 grit sand paper to get it smooth again.

I used tape to block areas where the leather is going.

Using a foam brush, I applied 2 coast of the semi-gloss finish sanding between coats with 220 grit sand paper.

I begin the process of dying the 8oz cowhide using a chocolate oil based dye.

Once the dye dried, I finished the piece with a coat of carnauba  creme wax.

I buffed the wax with a cotton cloth.

I cut the straps and used double sided tape to hold them in place.

I begin cutting the leather for the sheath. I'm using the same 8oz cowhide.

I start the wet forming of the top of the sheath. Dip the piece of leather in water for a couple of seconds and use a bone folder (a leatherworking tool) to form the piece around the stake. To hold it in place, I put staples all the way around the leather.

After rough cutting the sheath, I use a water based contact adhesive to glue the sheath top to the bottom.

Once dried, I take the sheath down to the final shape at the spindle sander. This isn't the best sander to use, but it's all I have.

I use my diamond chisels to make the holes for the waxed thread.

Got the stitching done finally. Took a couple of hours. 

I sand the edges with 220 grit & 400 grit sand paper to make them smooth.

To make the edges blend, I applied some dye.

The final waxing and buffing.

After the buffing.