My son brought me a crushed Johnson acoustic guitar. It had some sort of plastic coating on it that once I got it back together (an accordion had been tossed on it, in a dumpster) and it was just dead. DEAD. The sound was like it had old rags shoved in the box through the sound hole.
I stripped what must have been 6 or 7 lbs of coating from it and it opened up to have the best tone of any of my acoustic guitars!
So YES - in an acoustic instrument, the coating can cripple the vibrations and ultimately the sound produced by not letting the various panels vibrate.
In a slab? Nope.
I've built enough slab basses, slab mandolins, slab guitars to be personally exonerated into saying that color, coating, wood type, or finish, naked or not - do NOT affect the sound of an electrified slab instrument.
Is the accordion ok?