No, not true oil, it's a combination of 75% Amber Shellac and 25% boiled Linseed. About 10 coats are rubbed on, steel wooled off to fill the grain, then another bundle of coats put on to top surface the wood. It's a fairly hot mixture so it dries as you are polishing it on. A fellow that worked at Hunter Arms gave me the mixture percentages years ago and told me they mixed it and used it right in the Hunter Arms plant. Said they'd put it in a bowl and dab it on with cotton cloth and polish the crap out of the thing over and over again! He was a wealth of knowledge on the Smith guns. Jerry
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