Turret Frieze? Facade Decoration? How to restore?
I'm restoring an 1892 house, and on one side of the house is a turret that rises three stories. Under the roof of the turret is a decorative frieze that goes around the turret, quite large. It's mostly intact, but beginning to deteriorate in spots. We can't figure out what it's made out of. It's not tin. It's not plaster. Some of the spots that peel off seem to be made out of a flaky deteriorated paper, which doesn't make sense.
What is this made out of and what's the best way to restore it and preserve it? Just another another coat of paint? Inject silicon into the open spots?
Here is a link that might be useful: Photos of frieze