"PS, your tone is typical of egotistical, arrogant, elitist collectors who never fail to rub me the wrong way."
I'm nice and relaxed. Just responded to that message above. But there does come a point where egos and the like can get in the way of discussion and am willing to call off dogs in that hunt. I'm not against you, I pointed out early that people have different objectives and that pretty can be fine. I'm swayed by historically significant things and value things not customized or altered. Hot Rods don't impress me, an all original 1940 Chrysler Super Deluxe does.
Part of that is having seen all sorts of hack jobs called "customizations" done to all sorts of things - a desk made in 1820 only to be painted pink and put in a kids room, an ultra rare VKT M27 chopped, diced, and sporterized only to be abandoned at the pawn shop, the Krag rifle trashed on "American Guns," a cuirassier's sword almost certainly from Waterloo polished and buffed to look new, or General Stephen D. Lee's home modernized, with the original hand-painted decorations on the walls (instead of wall paper) painted over, the original books sold off, and new doors cut through original walls. The word "refinish" seldom rises to the level you focus on. I'll grant you have all along not been referring to that.
I'm for private property, and the examples I have described (all true examples by the way) were legal and the right of the owners. Even so, it showed a callous disregard for the thing and its future, which will out last us. I'm just glad at least one owner of the Declaration of Independence didn't use it to line the bird cage or for paper air planes. I urge folks to not permanently alter many things for that reason. There is a far bigger picture. I also urge guys not to pour out oil on their property, not because I'm an eco-nut, but because somebody else will own that property one day and you're just leaving a mess for them.
I also do financial planning for clients - I'm a Forestry Consultant among many things. I consider the value of actions, and don't recommend actions that bring no return to their forest. The land is theirs, and if they want to do in-woods mulching even though a slow fire will accomplish the same result at a tithe the cost (plus the fact that in the south, most forests are fire dependent ecosystems that see more benefits than merely removing brush from fire), then fine by me. I know a number of contractors to take the job.
So, you say "refinish if it makes you happy, life is too short for ugly guns and having a comely weapon brings fulfillment." I say "don't refinish because it almost never justifies the cost and might really degrade the value of an item. Just spend that money on a better version of what ever you are looking at."
I'm fine with your advice. Be fine with my counter point. In the end, we're on the same team anyway.
And Jimmy, anyone might pay more for the refinished one, but I won't pay the same price as if it were new. I won't pay $200 more for the refinished revolver, and the biggest danger is I don't know what else might be up with it. Perhaps that's because around here, many refinished guns spent time under salt water with Katrina and have all sorts of hidden problems. Kind of like a used-car salesman using paint to cover up all sorts of problems with a car he is selling.