They were painted white over the original olive drab or camo, depending on what time period you are talking about. The paint jobs were generally far from professional, and you will usuailly see the olive peeking out from flaked white paint.
While I have no doubt that the decals made it over to here, any decals I dealt with were in theater.
Originally the engines were olive drab with gloss black valve covers. The grey engines will be rebuilds, either from 202 workshop or else whomever had the contract at the time. Bennet and Hanson was a common name on the rebuild tags towards the end, I believe Eastern rebuild was an earlier one. Normally there will be a metal tag with the company name along with the oversize specs for the bore and crank, often located somewhere on the block near the oil pan. .
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