This is a beautifully cut and polished piece of Petrified Wood from Madagascar, the massive East African Island nation.
Petrified wood (from the Greek root petro meaning "rock" or "stone"; literally "wood turned into stone") is the name given to a special type of fossilized remains of terrestrial vegetation.
It is the result of a tree or tree-like plants having completely transitioned to stone by the process of permineralization. All the organic materials have been replaced with minerals (mostly a silicate, such as quartz), while retaining the original structure of the stem tissue.
Unlike other types of fossils which are typically impressions or compression's, petrified wood is a three-dimensional representation of the original organic material. The petrifaction process occurs underground, when wood becomes buried under sediment and is initially preserved due to a lack of oxygen which inhibits aerobic decomposition.