KK What's the 'sealer' that you're using. Perhaps it's actually causing the cracks by soaking the handles in it - sucking the oils out perhaps. I'm not sure what look you're going for, but a lightly oiled finish would allow a nice wear patina to build over time. Maybe something to think about for next time though. There's also a number of finishes that can be applied on the lathe itself, and you'll get that super gloss that I think you might be chasing.