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I picked up my first whaler last week, a 1988 Montauk in pretty good shape (a separate 'happy birthday to me' post will be coming!

The boat had been sitting under a cover for the better part of 3 years, only being uncovered to fire up the motors every few months. As such, the teak on the hatches and console has all turned a light tan/gray. I've pulled all the wood off to give the entire deck a good scrubbing, and was wondering if I needed to sand the wood down, or just apply teak oil to bring back it's color? The surface is still nice and smooth, there a are a few random black spots (ballpoint pen sized) here and there. Pics will be coming to my personal page soon. Thanks in advance!
-Ben