What would you do with this?

A few years back, Daniel's grandparents sold their home and moved into a retirement community.  In the midst of moving, they offered Daniel a pile to take if he wanted anything.  Daniel came home with this barrel.

He had planned to put in in the shed outside to store rakes, shovels, etc.  However, when I heard his plan, I protested, saying that I could do something clever with it indoors.  He and his parents still laugh that I wanted to keep it.

I'm still trying to decide what I want to do with it.  I've used it as a bedside table in our bedroom, but now that I found real bedside tables, I had to move it.  Currently, it is holding our brand new Waterford China that we don't have room to put anywhere else.  

Any suggestions?

 I do know I don't want to cover up the original Lenox label.