I recently bought this 'Knitting Nancy' at our local op-shop. It makes a circular cord of knitting. (French knitting)
I had a knitting nancy as a small girl; Dad made me one from a wooden cotton spool with four nails in the top. Mine wasn't as fancy as this one! :)
I might make a coaster or pot stand by coiling the cord and stitching it together, and have felt on the base. Did you have one of these? And what did you make?