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Refinishes-affecting value?

For something collectible, figure a refin, even a good one, cuts the value in half over a good condition original finish. For something that just sells as a used instrument, probably not much of a hit now, who knows in the future. It isn't like there is a shortage of sunburst 2003 J basses out there.

What is it, and what do you want to do to it? I was going to have a bass with a bad finish on it refinished , and the cost of stripping was so prohibative, it was less hassle just to buy a new warmoth body and have it finished from scratch.