conditioner

Hi All! Thought I’d showcase my first G1 acquisition. Bought this a little over a month ago and am finally showing it off. 1968 Martin Lane Co. 7823D G1 in size 46 with goatskin and mouton collar. Managed to grab this on Grailed for about $180 pre tax and shipping (about $230 overall)...

I read that water repellent products seal the leather's pores. Since the leather's pores are closed it can not breathe and will cause dry rot. This was said by Gail on the Schott forum. If I'm going to buy a leather conditioner should I avoid products that say waterproof, weatherproof, water...