It is Sapelle wood from Occre Santisima Trinidad, I have applied so far 2 coats and looks pretty good! Was not sure how many I need for protection honestly, as it is Wipe on.
The first question is, "...protection from what?" Will you be displaying the model in a sunny window? Will it be frequently handled? Will it be subject to water splashes? Will it be subject to wear or abrasion?
If all of the answers above are "no", then the primary goal of your finish is to pop the figure in the wood and give it the desired sheen. Many people wipe on a coat of oil to bring out the figure and call it a day.
Wipe-on poly is nothing more than thinned down regular poly, but you pay more for less actual product just for the convenience of not having to thin it yourself (kind of like buying pre-mixed antifreeze).
Poly is a film finish. If you were to apply straight poly (not wipe-on) or straight varnish, typically you would thin the first coat by about 50% in order to get good penetration of the wood. That's essentially what wipe-on poly is - thinned poly. Subsequent coats are applied at full strength, however, in the case of wipe-on - that
is full strength. The more coats you apply, the thicker the finish and the more "protection" it provides, but the less you feel the wood. We're back to "protection from what?"
If you were finishing a dining table top with conventional finish, one coat of thinned finish, followed by probably two coats at full strength - sanded in between for proper adhesion of subsequent coats. That would give you all the protection you need from abrasion, and food/liquid spills, but the coating would definitely be "plastic-ey". To achieve the same level of protection and "plastic-ness" from wipe-on would probably take 6 or 8 coats because it is so thin. That's a lot of sanding between coats.
All that said, I personally don't want my models to look like plastic. I want the finish to be
in the wood, not
on it, but your desires may be different. Since you aren't really "protecting" from anything other than dust and the occasional fingerprint (not even those if the model is under glass), then one coat should suffice. Or - apply as many as necessary to achieve the "look" you desire. Really, the choice is yours.
