There are many on the market from $7 to $20. Bass Pro Shops and I have the patent on such lures.
https://patents.google.com/patent/US20090307959A1/en?q=Tim&q=Hughes&q=Bass&q=Pro&oq=Tim+Hughes+Bass+Pro
Well its a copy of my original table rock shad but I'll give it a shot. I use lacquer paint and I know most don't so I'll just use general color names.
1. cover white entire lure.
2. mix white with a small amount of chartreuse for sides.
3. mix deep violet with a small amount of red.
4. pearl white belly.
5. black dot.
Welcome back Tally! I'm still designing baits but I don't carve them anymore. Teched up a little bit and have been using a 3D printer. Its always a new adventure. Good to hear from ya!
The white powder is from the oxidation of the internal weight. There is no way to clear this lure up other than separating the two halves and cleaning the inside.
It not paint. Its holographic foil tape. Do a google search. There are many brands. Here's one. https://www.barlowstackle.com/Lure-Tape-SheetsbrHolographic-Scale-Pattern--P993.aspx
Well I'm pretty sure that color shift is only painted over a smooth black base coat and no normal paint should be applied over it or you will lose some or all of the shift. With KBS, I always use 2 to 3 coats. The directions say for marine application 3 coats are required.
I just don't think the folk art color shift is a strong color shift like Spaz Stix paints and other color shift paints. Auto air makes a strong color shift, I think it's their 4400 series. The folk art won't do this.