I use small pieces of wood that has good color and figured grain to make jewelery for my wife. Some hard woods are so close grained that they can be polished to a shine with little more than super fine abarasive paper and a little wax.
If interesting pieces are big enough I sometimes resaw and bookmatch them for the top of small boxes and use the cut offs for small pendants or earrings.

My interest in the Mt mahogany is mainly because of it's hardness and the fact that I never heard of it before-let alone tried to work it.