I've been reading about this method for awhile now, so I decided to try it on my cabinet.
You use Vaseline.
I found chips that were already on the cabinet, and painted other areas with the same colors.
(I know, HOLY GOLD, right? Apparently, it wasn't just popular in the 70's. It was one of the bottom layers of paint~I'm guessing sometime in the 40's?)
Some of the existing paint chips were close to the blue gray I used on the back of the cabinet.
Once the paint dried, I rubbed some Vaseline on it. I stuck to the edges, and made sure it wasn't an even coat. You want some glops and some smoother areas. Then I painted over that with the top color.
Then I let that dry. Most of the paint came off just by rubbing the area with a dry paper towel. I used my fingernails on some parts.
It turned out to be pretty convincing. The top picture is of some original chipping.
This is a chipped part that I added.
This is how it looks when I just rubbed the paint off.
I really like this method. I think it looks more convincing than just sanding a piece to distress it, and the paint comes off more easily than using wax or soap.
Have you ever used Vaseline to distress a paint finish?