if the stock is walnut, no need to stain, prep is the key. the smoother you sand, the better the finish i usuall sand down to a 600 paper. As to finish, oil is a very durable, and time tested finish, and can be easily applied with just a cotton rag and a little elbow grease.
Hundreds of years from now, it will not matter what my bank account was, the sort of house I lived in, or the kind of car I drove... But the world may be different because I did something so bafflingly crazy that my ruins become a tourist attraction.