I made some miniature pallet coasters out of 1/4" wood salvaged from a small chest of drawers that were being thrown away. I just used a bandsaw to tear off thin pieces of the boards and glued them together. This project was inspired by Steve Ramsey's pallet coaster project (http://www.woodworkingformeremortals.com/2013/05/pallet-drink-coasters.html) I liked the idea but I don't have pallet wood to work with and, more importantly, I don't have a planer to take the wood down to size while preserving the texture of the pallet. I do, however, have a bandsaw and I produced a nice texture ripping 1/8" and 1/4" planks off of these little boards. I have seen all sorts of pallet coasters on the internet but Steve's are the only ones that don't look like they're made from popsicle sticks. I would have used his method I don't have the proper tools and my living situation does not permit the acquisition of a pallet's worth of wood for this scale of project.
* 1/4 wood boards
* wood glue
* bandsaw (or something else to rip 1/8" off the boards)
* hand saw and some sort of miter box or jig for cutting the lengths off (optional, I suppose)
* rough grit sandpaper (to remove hanging bits of wood after cutting)
* polyurethane (or some other sealer) (optional?)
Step 1: Ripping the planks
I ended up using 14 pieices of 1/8" planks and 3 pieces if 1/4" for each coaster, but while making them I just sort of guessed the ratio and it worked out ok.