I'm a French polisher and furniture restorer (of 35 years experience) so can contribute a little info here if I may. As has been hinted, a shellac finish is only really as hard as the surface it is being applied to. The other factors to consider are drying time and depth of polish. Shellac, dries by evaporation, so if you apply a lot in one siting, expect to wait a week or two for it to get to maximum hardness. That's why we generally take time to build up to the desired finish, allowing a few days in between sessions for the last application to dry. And polish does sink a little as it dries so an acceptable finish can rarely if ever be attained in one go. I use the minimum amount of oil as this slows up drying as well. It can create as many problems as it solves if not removed properly.
As an aside. People often ask me how many coats do I apply to get the desired result? But you can't really count, or would never bother. It's a continuous process dependent on wood type, how hard/porous the wood is, and environmental conditions to some extent. Ambient heat and humidity can also affect how the polish goes on and dries. The number of coats is irrelevant.
I buy raw shellac buttons or flakes as I like to make up batches to my own specification. The buttons are extremely hard (can be up to 1/8" - 3mm thick) and it takes some effort to scratch them or snap them in half. But once they have been dissolved in methylated spirit I don't think it ever gets back to the hardness it has in raw button form. Or at least not for a very long time.
As a general rule, polishers try to use the minimum amount of polish to achieve the desired result. Less, is definitely more. Once the grain is filled there is little or no point adding more polish if it's a flat even surface you are after. Open grained timber might need grain filling to save on polish and time. Harder, densely grained timber, the polish tends to sit on the surface rather than penetrate which can make it prone to scratching. If I'm polishing an old piece of seasoned mahogany, you could pretty much regard it as hard as any of the modern varnishes that dry by chemical reaction or polymerization. You couldn't leave a dent from sustained thumbnail pressure for instance. It's as hard as it needs to be which is why it is still being used.
Shellac's only real flaws are low resistance to alcohol or heat. Other than that it's pretty durable. Hope my input is of some use.
P.S. Button, or French polish is the hardest shellac. Garnet next, but almost as hard. Has some additive to make it dark. Pale or transparent polishes tend to be soft as a result of the bleaching process involved to lighten them.