I recently purchased a bright red finished V2 at a bargain basement price. It began to chip immediately. I found underneath the "Paint" a hard chrome finish lurked. Working at it with a US quarter reveled a decent look beneath. However it appeared the color versions are flawed painted versions that have been selected to cover the flaws in the plating. Some small pits and scratches were revealed after the red covering was removed. Looks better I think you will agree.