I love family traditions and apparently this piece is among those things to be passed down. When one of my grandchildren was being expected, I repainted the bassinet that I had used for my children. It was white but was aging. I used spray paint to freshen it and made a new liner for it. It looks good again. I would try to "kinda" match the color that's on the piece you have so any missed spots won't be too evident. I doubt lead-base will be an issue as use of the piece will be of a limited time and before Baby is chewing on the surface. And certainly Baby will not be sampling the wheels.