Hi, group

I've just acquired an old Ferguson four-band shortwave receiver that
needs a fair bit of restoration. It's got a lacquered brass escutcheon
around the dial, but the lacquer is very pitted and there's some light
corrosion of the metal underneath.

Does anyone know how to restore this? Is there a good chemical way to
get the lacquer off, would it be a good idea to sand down the metal to
remove the pits and what's the best coating to reapply?

Thanks in advance,

Rupert