Hi Sean,
It's definitely not an original colour.
You can tell it's not original from the bad paint job also the original badges after the centre colours are painted in, the last part to be painted is the
silver so looking at the back of the badge the whole badge at the back should be silver (grey) and this is red and not grey at the back..
If the red was original there would be grey paint on the top of of the red paint at the back.
Cheers
Max.