It was the major material for making woodwind instruments such as clarinets, flutes and oboes in the period 1700 - 1850 approx, until tropical hardwoods became more available. This is because of its density, diffuse, even porosity and stability. Rare for larger instruments such as bassoons and bass clarinets as it usually does not come in large enough pieces. There is quite an industry in making reproduction period instruments these days. If you can get it back to Cambridge I know of one of these makers, who even runs classes on it (Cambridge Woodwind Makers, Daniel Bangham).
It is very good indeed for turning though has some difficulties. It's best to finish a complex spindle turning in one day, because if you leave it overnight, the stress will have relaxed and it will have moved. Unusually for a hardwood it has tension reaction wood, not compression. For sale to a woodwind maker (the best prices) you need a straight trunk that has grown vertically. 4 - 6" diameter is fine. Sloping trunks and branches have too much reaction wood and will quickly warp in larger/longer lengths, but they are fine for turning small items, yes e.g. chess sets.
There is little enough of this left in Europe now, please do not burn it, if it is 2" diameter or more!