This isn't related to the precipitation hardening alloys, but it's worth mentioning that some brasses contain lead in the form of little tiny blobs mixed into the brass. It makes machining these alloys much easier. I don't remember the names, but some research is in order for anyone grinding or forging such alloys (any alloys really, but these are particularly bad).
The precipitation hardening Cu alloys I know of are Copper/Beryllium alloys. I do know they can achieve very high strength, comparable to some steels. Polishing them would be problematic, as any dust will contain some beryllium, very bad. The melting temp is lower than steels, and you could run into a "slush" of a liquid phase and a solid phase mixed together. If you're used to forging Cu based stuff, you likely won't have any trouble, though the notion of some inattentive time in the forge and a hammer blow spraying my shop with molten beryllium isn't a good one. My references say these alloys frequently have some Cobalt mixed in too. Ingesting beryllium in any way is very bad for you, whether breathing, eating, or any other way. **Repeated for emphasis**
Standard heat treatment as follows: Solution treat at 1475 F, water quench, age at 600 F for highest strength for 4 hours. Cold working after quenching will increase the strength quite a bit. Typical alloys begin to melt a little below about 1600 F, so good temperature control is required.
I have something here on martensite formation in Aluminum bronzes as well, but the strengths aren't nearly as high as what we're used to for martensite.