This box was made in response to a challenge from other wood turners.  

It is suspended in the 'captive ring' which the legs are attached to.  The lip below the ring prevents it from being lifted off the base.  It has the illusion of being two pieces, which it is but the only part that is actually removable is the lid!
The top finial, legs and base are made from Olive.  The box body, ring and lid are made from the same piece of Acacia.  It is finished in Polyurethane.

The final product came out quite different than my concept drawings.  That is evidence, to me at least, that I am allowing the wood to best represent itself!

This piece is in the collection of Ron Adams Jr.

Below is the other side and the box with the lid off.