Fixing plating on Record lever cap

Hi

I have just bought an old Record SS #4. Its in pretty good nick apart from the chrome (or is it nickle?, it should be about 1945-1947 vintage as it has the patent stamp and the nice fully ground frog) plating flaking off the lever cap (already cut myself on it). What do people normally do about this sort of thing:

1 leave it, use it and don't be such a tool snob, its only an old record,

2 re-plate it at some cost,

3 remove the rest of the plating and buff the casting (how do you remove it?)

4 search for a better lever cap (it looks ok otherwise)

5 something else



Thanks



Richard