what do you think  

Sadly
Sadly LRF I think it may have been worth more prior to the refinishing. When restoring pieces the object is to get the object to its original (and often disputed) condition. I know your concern isn't monetary and I hope you get much use out of this piece, but I feel like it could have been a little more delicately handled.

Hey Lloyd is that sectional under Marilyn the same sofa you got a while back
that was blue? Looks great!

Hmm
I definitely prefer the before picture. What was the original finish again... black? I feel like almost any light stain job or even natural oiled finish would have been better than the shellac. It just doesn't look right.

now just finding a matching...
now just finding a matching cup to fit the saucer 🙂
I think it suits the candy-like look that defines your livingroom, but as an individual piece I myself would have also gone for a more subdued finish.
(by the way, I'm really impressed with your collection)

thanks guys i appreciate ...
thanks guys i appreciate all your feed back I restored it like this cause i thought it would be a good look cause the wood was so beautiful, and i am so tired of seeing great tables with water rings around them and i feel that was the direction this table was in I did try the dark brown look and the dye look and it just did not pop,
I appreciate all you guys and gals opinion, I hate say it is one of those tables you have to see up close cause the guy did do a great job, and it has great depth something it lacked

Big Television Man
yes that is the Harvey Probber sofa that came out of a youth lounge at a old Christian Church , turned out really great. the fabric is by S.Harris/Fabricut, to say the least that was one of my great finds, along with the Eames Lafonda table, and this new Eames plywood table,
That is the fun thing I am always on the look out for great stuff, I had to move a wonderful Florance Knoll table with marble top, and a Charles Hollis Jones lucite table out of the room cause it was getting too many tables in the room, and we all know how bad that can look! no one likes clutter, well maybe someone might.

I like it,youve made it your...
I like it,youve made it your own.....from a purists point of view its no longer what it once was but from a design point of view and in the context of your living room I think its great and it works very well with its surroundings.

For the record, there is a...
For the record, there is a rub-on polyurethane that looks like an oil finish but is waterproof. I used it on a jatoba wood tabletop and had to do eight or nine coats before it looked good, but it was easy and quick to do.
I think all it is is a thinned-down polyurethane, but it looks less plastic than a brushed polyurethane. The one I used has a satin finish. I am very pleased with the results and several years later there are no dark rings or other water damage on the table despite people not using coasters all the time.

I use
I have used MinWax's Polyshades in satin for an old coffee table that I accidentally left a water bottle on. I sanded the surface down and gave it two coats. The minwax poly did a good job and water marks didnt show up after that. I'm thinking about the same product for the new coffee table I'm going to be making in the next couple of weeks.
Definitely a fan of satin more than gloss - unless the gloss is on a color.