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I had two steering columns I personally pulled out of a 1971 Pontiac Grand prix,and a 1971 Buick Skylark.
These both had Red dabbed Ignition switches and still retained their factory cast flashing covering the release button.Thus they were never been replaced.
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Mossport,
The above both sound like relatively low-performance cars to me... Rick, was there anything special about the pontiac and buick these switches were in, or was it a standard model GP and 'lark?
I personally had a 69 malibu 350 3 speed a few years ago that also had the red paint, i don't know for certain if it had ever been re-touched up or not, but it was there and looked original to me.