Polishing Hull of Proangler

My PA is pretty scratched up from the previous owner. I was wondering if there was a good way to polish it up and make it look better. I was thinking of either using a rubbing compound/polishing compound combo or lightly lightly lightly wetsanding it with really fine sand paper. If it gets a matte look to it that way I'm totally ok with that.
I just don't want to thin the hull anymore than I have to. Thanks