Hi, even though I am quite late to the party, I have decided to add my 2 cents here bc there does not seem to be much resources on the Internet on this topic apart from here.
So, after reading this thread I tried scotch-brite and it worked pretty well so I decided to go full industrial and bought a Dremel-type grinder with tips like these (first img below)


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(On the left, new. On the right, after polishing 12 ICs)
On Amazon:
https://www.amazon.in/gp/product/B086LFXM9N/ref=ppx_yo_dt_b_asin_title_o03_s01?ie=UTF8&psc=1They are basically Scotch-Brite on a wheel. Quite nice, but they wear out fast.
I have found a batch of old Soviet TTL 74xx clones and many of them have badly corroded pins so I needed something that would do the trick in bulk. The main concern was electrical contact. Before polishing, the ICs failed on the tester. After, they passed.
In order to hold the chips and be able to treat several at a time, I built this little rig (img 3 below)


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Here is a before/after comparison (img 2 below)


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