This is a project I started sometime ago, but only just got round to finishing.
It turns out that you can make pretty good picture frames using a lathe, although you will be restricted by the capabilities of your lathe, as in how big you can make them, but you could always go the other way and see how small you can make them. They are pretty easy to make and can be stained or painted to suit your needs, and you can make them from solid pieces of wood or by gluing wood together, it depends on what you can get hold of in terms of materials.Have a look -
Thanks for visiting.