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Life of Nickel plating is determined by the prep work of the plater and quality of the product used. Stored in a dry atmosphere is a plus as once the plating starts to lift it is all down hill. I have plating jobs that are 100 years + old and in mint condition. Cheapo plating and poor storage will not contribute to a long life. I lightly wipe mine with a high quality oil and wipe it off. Don't over do it and store in a dry area without contaminants. It is interesting to note the type of deterioration of plating. Some will pell off/chip and others develop little micro specs of corrosion. This may be due to quality of steel used and the prep work. I read the comments of a Paterson Colt collector on maintaining the quality of bluing on the same. He knew of a collector who had over a dozen or more Pattersons and put them in a wooden box, put in a layer of moth balls to"preserve" the pistols. Unfortunately in time they became an amalgamated mass of rust. Not even good for parts! So storage is important.
An old Iver Johnson with mint plating is worth 10 times the value of one in poor plating,
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