It's all lacquer. Just wondering if it's a bad thing to have a car painted this way since just about everything these days is painted with urethane paint. Seems curious that someone would use it over urethane.
I really see know reason why someone would want to use it over newer urethane's other then someone being stuck in there ways, or because they have a ton of it on the shelf. Unless that it was the car was painted with originally and your doing a concourse restoration. Newer urethane's are much better and your car was likely painted with enamel anyways.