I made this for my son to hold his cell phone. I started with a piece of golden oak 8x8x4. I traced the outline of my hand using a magic marker and trimmed the excess wood where my wrist would be with a small handsaw. The detail was achieved using a dremmel and hammer and chisel. It was sanded by hand and finished using turtle wax and left over leather.
The insert was made using a piece of 3/16 clear plexiglas and a pocket watch (won from an arcade machine). The hand was carved to hold either a modern cell phone, and when not used to hold the telephone, as a small clock.
A thin piece of leather was used in the groove between the thumb and palm to prevent scratches or damage to the phone.