Definitely varnished, and heavily varnished BTW.
I am not an expert, but I handled more than 20 of those rifles and they all looked like the one pictured below.




the wood is natural nearly dry, none of the ones I handled or saw in pictures had shiny wood like yours or the one on the website you posted.
I am not an expert, but I handled more than 20 of those rifles and they all looked like the one pictured below.




the wood is natural nearly dry, none of the ones I handled or saw in pictures had shiny wood like yours or the one on the website you posted.
Wow. If anyone questions this. Look here ...
http://www.milsurps.com/content.php?r=266-Brazilian-Model-1935-Mauser-Rifle-(Mfg-by-Mauser-Werke-A.G.-Oberndorf-a-N.)
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