Nice goblet Bob.
Another finishing option is "General Finishes" brand of "Salad Bowl Finish", it's a urethane base oil varnish.
I used it on a turned kitchen spoon several years ago, still no signs of staining yet.
I usually thin some 25-30% with naptha, wipe it on and rub it in,keep applying till it stops absorbing and stays "wet" looking, let it set for 10-15 minutes to tack up.
Start the lathe, with a clean white cloth, apply medium pressure and move the cloth along the piece, this will remove most of the surface varnish. Keep rotating the cloth to a clean area, applying more pressure each pass, once all the streaks are gone, apply enough pressure to build some heat and burnish the finish smooth.
This gives an "in the wood" finish without a coating that will chip off.
Most of the pieces in my album,with a low gloss finish, were finished this way.
Phil.