This is the most common finish and as the name would suggest, this finish contains no aniline dyestuffs. The dyestuffs are all replaced with an opaque inorganic pigment; the mixture is bound together still using a small amount of casein, but the main binder in this type of finish is Acrylic Resin. Acrylic Resin is thermoplastic, which unlike casein forms a continuous film, resulting in a more level finish and better coverage of the finished skins. The small amount of casein contained in the finish ensures the leather does not become "sticky". It also helps to ensure the finished skins do not resemble sheets of plastic, as it is important we ensure they retain the look and feel of leather.

The leather is finally coated with a matt or bright water-based lacquer emulsion, which seals the finish and gives a certain amount of resistance against wet and dry rubbing. To achieve a very matt finish, it is required to add dullers to the lacquer emulsion which has a detrimental effect on the continuous film causing the "sealing" properties of the lacquer emulsion to break down. Matt or Glazed Pigment Finishes lend themselves well to the application of metallic foil but not genuine gold leaf and because it is a sealed finish it cannot be tooled or re-dyed.