Hi George, Walt, Chuck, Edouard, Another way of dealing with rusty nuts & bolts, clips, body shims during a restoration is to purchase a rock tumbler. I purchased a double rock tumbler from Harbor Freight years ago when they opened there first store on Long Island. Its great for small hardware, I fill the containers halfway with aquarium gravel load in some hardware & add several ounces of Simple Green to cut the dirt or grease, then several ounces of water then cap it and let it run for several days.. Then open them up & pour the contents into a strainer and wash with a hose then pick out the hardware, (I use a magnet ) dry it off and prime. then top coat with whatever color is needed. Satin or semi gloss black are mostly the colors I use. This method is much safer on your hands than a wire brush or dangerous chemicals plus the Simple Green is biodegradable and the gravel goes into my flower bed to loosen up the soil. (I re-use the gravel 3 to 4 times)
The tumbler containers are limited to bolts no longer than 3 1/2 inches long, but most of the Skylarks hardware is smaller than that. larger bolts can be cleaned in a blast cabinet if you have one. Bolts that are very rusty should be replaced, don't waste your time trying to clean body bolts buy the kit and replace what you need. Grade 5 bolts can be found at any tractor, big rig, truck supply.
Edouard mentioned the cold galvanized paint. Its a very good product, I used it when I was boating on LI. Several coats did a very good keeping away rust in a salty environment . A good quality paint like Krylon rattle cans and Rustoleum raw quart cans (dilute & spray) are what I mix and use. Eastwood and TP tools & equipment have other colors you may need too. The rock tumbler paid for itself many times over before its untimely death this past March, I thought I could live without it, but I could not. So with a 25 % off coupon in hand I purchased another one in June.... That's my clean 2 cents on this topic... Tony