I used some really knotted up cedar on this box. Rounded all the corners and decided to not put any feet or moldings on it. I rubbed a coat of Teak Oil on and left it sit for about 2 weeks the sprayed 3 coats of Minwax satin poly.
You don't need much to master the art of the DIY jewelry box! Basic stained wood and felt will do the trick: here's a free tutorial. Heres the tutorial for the jewelry boxes josh wants to make the girls, with dividers included in the instructions