The Coasters
Uncommon Goods sells these coasters made out of LP labels for $18 a package of six. But if you have a (literal) broken record, you could make your own at home, as long as the center part that fits over the spindle is still intact. You'll want to look for brightly labeled records, and if you can buy a bunch in bulk, you'll be at a much lower price than with the store-bought ones.
This project's a bit more advanced, so you'll need some actual tools for help, like a drill, an electric saw and some polyurethane so your cocktails don't sog up the labels. Curbly.com has exact instructions on how to turn your Coasters records in record coasters.
Shine on You Crazy Diamond
Now that you've mastered the art of melting and cutting vinyl, the possibilities are endless. We've personally always thought these vinyl cuff bracelets are cool. The tutorial at Dabbled uses see-through red vinyl, but you could use any colored vinyl or even just plain black. We've seen some cuffs with portions of the label included, and some molded to be more wavy, like fancy sleeves.
These earrings are also crazy cool.