Wax
A very soft "finish" with minimal protective qualities. Best used as a 
polishing and preserving agent on top of other finishes or as a minimalist 
finish
to preserve the natural color of the wood.

Linseed Oil
A natural oil finish made from seeds of the flax plant. One of the least 
protective finishes but it is easy to apply and yields a beautiful 
hand-rubbed
look. Like all oil finishes, it's best for items that are not subject to a 
lot of wear and tear.

Tung Oil
An ancient, natural finish made from nuts of the Tung tree. Slightly more 
water resistant and paler in color than linseed oil. Often used as the base 
oil
component in other finishes. A good choice if you want the hand-rubbed look.

Oil-Varnish Blend
A very popular "hybrid" finish made by mixing a little varnish with a larger 
quantity of oil. Easy to apply like true oil finishes but with some of the
protective qualities of varnish. Group includes antique oil, teak oil, Watco 
Danish oil, Nordic oil, Scandinavian oil, and various salad bowl finishes.

Shellac
One of the oldest and most under-appreciated of all finishes. More water and 
scratch-resistant than oil or oil/varnish-blends but not as protective as 
varnish
or water-based finishes. Also dissolves in alcohol so not the best choice 
for bar tops. Comes in a variety of colors ranging from nearly transparent 
to
orange/amber. Easily repaired and not as toxic as oil-based finishes.

Lacquer
Synthetic cellulose-based finish that is the finish of choice for many 
professionals. It dries fast, has decent protective qualities (somewhere 
between
oil-varnish blends and varnish), provides excellent clarity and depth, rubs 
out well, and is fairly easy to repair. It also sprays like a dream. 
Available
in several varieties including nitrocellulose (standard), CAB, and catalyzed 
lacquer.

Varnish
A very protective and durable amber-colored finish that holds up well to 
wear and tear, water, and solvents. Commonly available in three flavors, 
depending
on the resin used. alkyd, phenolic, or polyurethane.  Negatives include long 
curing time, noxious fumes while curing, and poor repairability. Also 
yellows
more over time so not the best choice for light-colored woods.

Water-Based
Good choice if you're looking for a non-yellowing finish that's safer for 
you and the environment.  Decent toughness and scratch resistance but not as 
resistant
to water, heat, and solvents as polyurethane varnish. First coat has 
tendency to raise grain. Water-based finishes typically cost more than their 
oil-based
counterparts.

Conversion
Fast curing finish with excellent resistance to heat, wear, water, and 
solvents. Typically used for institutional furniture. Highly toxic solvent 
and formaldehyde
fumes -- a professional grade spraying environment is essential.

Why Finish Wood?

Do you ever ask yourself why you bother finishing wood since it looks so 
good unfinished? Well, here are several good reasons:

1. A finish protects the wood. This includes protection from moisture, 
chemicals, scratches (if the finish is thick enough), sunlight, and plain 
old dirt.

2. A finish makes it easier to keep the wood clean. If there was no finish, 
dirt would get lodged in the wood pores and be almost impossible to remove.

3. A finish enhances the wood's appearance. It allows you to emphasize the 
grain, change the color, or impart a desired level of sheen to the wood. It 
helps
to bring out the character of the wood.

4. A finish stabilizes the wood. Wood expands and contracts in response to 
changes in the ambient moisture levels, causing stresses that could lead to 
splitting,
warping, and joint failure. A finish slows the moisture exchange between the 
wood and its environment, thereby reducing the stresses and stabilizing the
wood.

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