Cork Bottle Ring

Wine anyone? Easy idea for all those wine corks I've been saving.
1) Take a wine bottle cork and cut off the top with a knife. You can decide how thick you want the cork to be.
2) Glue the cork to a flat craft ring. I bought mine at a craft store.
3) Turn upside down and let dry for 24 hours.
You could also stamp a design or your initial on it or even paint it the color of your choice. My cork was from a red wine bottle so it already had a nice natural red stain on it.