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Harmony / Holiday Stratotone
1 Telecaster Pickup

Detailed Pictures:  Close-up pics of top-coat damage.
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End of Detailed Pics
SILICONE SOFTENS LAQUER.  That's why older guitar stands and hangars with silicone rubber sleeves harm laquered guitars.  When I received this guitar mail-order, I didn't notice / realize that the the previous owner had wrapped it in bubble wrap that had either gotten silicone spray on it, or the previous owner "polished" the guitar with silicone spray.  When I received it the guitar was subseqently packed away long enough for the silicone to soften the laquer in contact with the bubble wrap.  So the wrapped pressure of the bubble wrap is what caused the circular scars on this guitar's top coat, and pulled up a few match-head size blotches of the color coats.  I have since driven the silicone out with mild detergent and a finish oil, and the finish has once again dried with the resulting circular scars in it's topcoat;  See gold hi-lites in the pics below pointing out scars a viewer might not notice.  These spots are typical and not the only spots;  Most cannot be seen unless inspected closely.  Also, if you see wood color or red color in places that look like nicks, ....then it's probably either a nick or laquer that's blotched down into the red color coat or down to the wood.

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The silicone also caused the laquer's smooth surface to ripple in places, as seen in front of the bridge above.  The top coat can be fine-sanded down to just above the color coats, touchups made upon the color coats' nicks, and then several coats of clear top coat re-established.