I picked this strop up for cheap. It had some grit embedded and scratches so I lightly sanded all of that. There is still a cut in it as very evident in the pics but does not feel like it is going to affect stropping at all. The leather was a really light tan and you can barely see the gold lettering. It felt really dry so I used some Fromm Strop Dressing, which I love for the fact it doesn't change the draw. I'm not sure if it is going to go back to the really light Tan color but I wanted to know if anyone knows a way to seal the color in so to speak. Right now it has lighter and darker spots and to me looks amazing. Right now with the way the color is looks wise it's my favorite strop. I also love how the gold pops now vs when it was the really light Tan. Here are pics so you can see what I mean. I also added one before the dressing so you can see how light the color is.