An example of refinishing anodized wheels. When I bought my 911, the original Fuchs were approaching 30 years old. They all four had numerous scratches and scuffs, mostly around the rim from ham-handed tire mounting in the past.
The first step was the lye/soda bath to remove the hard surface.
Note that there are still flaws (seen as dark spots) in the surface shown here, mostly on the rim areas.
At this point, the aluminum is completely bare, and smoothing and polishing is much easier than having to sand or blast through that hard anodizing. The next picture shows with the surfaces polished. No special techniques needed here, just sand and polish as needed or desired.
At this point, how to proceed depends on personal preference. If you want the mirror-like polished finish, stop here, paint accent trim if desired and move on. In my case, I then had the wheels re-anodized back to the original finish. This picture shows the difference in finish after anodizing. Note that I had the lips and the petal faces polished, but not the base area. The polished areas have that soft satin finish, the unpolished have a more matte finish.
Trim painting - if desired - is no different than any other detail painting. Clean thoroughly, mask as needed, prime and paint. If you had the wheels anodized, cleaning paint boo-boos off the anodized surface is simple, paint thinners and acetone do not have any effect on the hardened surface.
The finished results look great, when done with proper care and technique.
One last photo, and a safety note - as seen here, remember that you should never paint the lug seats on your wheels. Paint build up there can lead to loose lug nuts/bolts, something none of us want.