I recently "reacquired" my 1976 Telecaster Deluxe "black beauty" (black body and pickguard) from my former college roommate, who bought the Tele from me in 1979 in exchange for a week in Daytona Beach (I guess my priorities were a bit different back then!). He only played the guitar once or twice, so it resided in the original hard case for virtually all of the past 30 years. Unfortunately, the paint developed numerous horizontal cracks on both the front and rear of the body, most likely from temperature changes (I think he kept it in his unheated garage on a shelf). The rest of the guitar is in great shape-there are a few small dings I put in it when we traveled up and down the East Coast together, a small bit of surface rust on the chrome parts and pickup bodies, but the neck is still straight, there is negligible wear on the frets and all the electronics work like it did when I first owned it.
I know, based on other threads in this and similar forums, that it is usually not advised to refinish a vintage guitar (I guess this qualifies-not sure) if the objective is to maximize the collectible value, but those paint cracks really bug me, and I would like to restore the original paint to its former glory. I'm not all that concerned about getting top dollar for the guitar-I have already decided that I will keep it in the family and pass it on to my son, who is a fellow music enthusiast (but plays keyboards rather than the guitar). Because of that, I'd like to get some advice on how to refinish the guitar, including repainting with the same type of paint used originally. Any comments or tips are greatly appreciated.