Beautiful patina which could be polished to a high shine if desired.  Some typical age-related discoloration on chamois buffer pad, but remains intact. 

**Tray bears the maker's retail stamp of the H.E. Heacock Co which was the premier luxury department store located on the famous Escolta in Manila, Philippines, during the pre-WWII American colonial era.  Because, the flagship store was destroyed in WWII, items carrying this export retailer stamp are highly sought after by historical collectors.