Prototype E & F unit diesels have stainless steel panels on their sides that are both striking and beautiful. MTH began simulating these some years ago (10+?) while Lionel only relatively recently did so with their Legacy Santa Fe F units a few years back. I've not yet seen the Lionel diesels in person but from numerous photos & videos the finish appears very subtle and subdued, differing only slightly from the painted silver areas adjacent to the SS panels. I have some MTH 'Yellowbonnet' HO F3's and F7's that are at least 10 years old that are very nice and last week at a show I saw their O scale Santa Fe F7's running on a layout. The MTH finish is very glossy and highly reflective and to me quite handsome compared to Lionel's product. How do they get this finish - paint or plating of some sort?
In this particular image below you can see how the reflected area appears quite dark which is possibly why the original Lionel 2333's may have been interpreted as being 'Black' from a similar photo back then!