Awesome find

That model is the first radio I ever restored and it's still my favorite
I was lucky and my photofinish wasn't as bad as yours. First I cleaned it using mineral spirits. Then, I slowly used 0000 steel wool in some rough areas around the knobs. Finally, I used a little touch up markers in worn spots and put on a few coats of lacquer. Maybe you could use some some oil or acrylic paints to fill in the bad spots ?
I think it's a fairly easy radio to restore. Only 2 or 3 electrolytics and a few paper caps. Here's the
schematic.
Just last night I was amazed to discover that
renovatedradios now has reproduction knobs and even the rubber tuner capacitor mounts for this radio.
I've ordered some new speaker cloth for mine and I think I might order those mounts and give mine another going over. Three of my tubes are the original '38 tubes and the volume isn't so hot.
Here's what mine looked like before and after (haven't put the new cloth in yet).
