After building my son a gouge for Christmas, I had some stock left over and forged a new parting tool for my lathe. Yes, it's oversized for a pen lathe but I'll buy a real lathe someday. Handle's of cocobolo, finished with beeswax and set with a copper plumbing cap ferrule.

http://s473.photobucket.com/albums/rr98/ghostlyshows/Blacksmithing%20Projects/

All the best for the New Year,
Leland

Edited December 30, 200817 yr by Leland
bad link corrected

I like it! To get the best from it turn a small burr upward on the cutting edge with a burnisher and then tilt it down in cutting mode (the burr corrects the cutting angle but will take a fine cut and NOT catch). I do all my standard parting tools this way, the diamond type is my favorite.