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No "oil finish" will provide the same protection as a barrier finish will. Proprietary oil finishes, TruOil, Formby's, etc., are nothing more than very thin viscosity wiping varnishes. Once the first coat dries, that's it- no more successive coats will penetrate beyond that. Thinning the stuff with solvents won't help matters either- the solvent will penetrate deeply, for sure, but it doesn't carry the solids with it. The "good stuff" in the finish will remain behind on the surface. All in all, an "oil finish" is pretty, but lacks true protection against water fenestration. Ok for a safe queen that gets fondled occasionally but not good for a stock that will make lots of trips outdoors. At the very least, after oil finishing maintain a protocol of waxing with a good paste wax- therein lies at least a modicum of protection. I normally just go straight to glossy spar varnish.* 8-10 coats, blocked out with 320x thoroughly between coats. Along about the 6th coat the pores in black walnut are finally filled level, then I go two to four more coats for good measure. Rub the final coat out with either rottenstone or oil-free 0000 steel wool to dull the glossy shine, then wax with a good paste wax to restore a soft glow/luster. Sounds like a lot of work, and it is, but top notch results don't come cheaply nor to the faint of heart in this man's world. Total mil thickness of the finish isn't huge, it won't look "piled on" because of the sanding between coats. I kid you not that a common response I get about my finishes is a claim that they are hand rubbed oil finishes- and I chuckle to myself, secure in the knowledge that I treated the wood to a far better finish than possible with oil. When I do apply an oil finish I always start out with varnish to fill the pores, sanding back to the wood surface repeatedly until pores are filled, then proceeding with the oil. "Sanding in" an oil finish to fill pores is letting yourself open to shrinkage in the pores over time. But, I often figure that once I've gotten that far with the finish why am I not doing the Full Monty with varnish anyway? * Glossy varnish provides much better UV protection than semi-gloss or matte. But any varnish has UV protection way better than oil which has little or none.
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