No just do it a different way, a clamp. I was just pokin' around stores on thr net & saw things that work that I wasn't even looking for. usual places; jenson, universalcycles. you name it. Raleigh clamps look particularly fine.
Teams were among the best ever; messing with the paint.. I don't think so. To do so will bring you well beyond the point of diminishing returns right quick. If your intent is to passs it on someday, fine, let THEM mint it out, THEY can absorb the expense and worries. The expense of of restoration is realized by the owner who restores it, rarely is it recup't. I've seem teams go for less than some may suspect so....
Serial indicates 1984. 81 - 84 similar anyway.
EXCELLANT find ! They don't get much better