clean it up … but doesn’t want to negatively impact the value.
While many want to keep the full "mojo" when getting a vintage bass, I have my routine when I get a new (used) bass.
For me, this means cleaning up some of that mojo - also known as the former owner's DNA.
It includes a deep cleaning of the body, and, with a recent acquisition, polishing the black finish to remove cloudiness from the grimed-in sweat "mojo".
I'll also smooth out indentations on the back of the neck, and use drop-fills for deeper dents, while not negatively impacting the existing finish.
Given your friend's objective, I would avoid polishing metal - where it doesn't affect the function.
My goal with hardware on a vintage bass is to clean it to make it function better,
while retaining the patina.
Many wouldn't even do that. To each his own.
For bridges and tuners, a nice
soak in naphtha with a little 3-in-one oil works wonders to clean the gunk & debris out.
I'll use Tri-Flow with the needle applicator on the saddle screws and a little on the tuning pegs, working it in and wiping off any excess.
On tuners, after soaking, I hit the "metal on metal" parts - (parts which are not exposed when assembled) with a brass brush in a dremel.
This smooths out any rough spots. I then lubricate with a q-tip and light coating of guitar grease. This yields great results.
I consider this maintenance to keep the bass in very good functional condition.
IMO; Maintaining an instrument at this level does not negatively affect the value.