For what it's worth, the very first two-tone gray Challenger, #3946, was done at Albina Yard (Portland, OR) in 1946. Color photos were taken and forwarded to Omaha headquarters for approval. Once approval was given, other Challengers that were assigned to passenger train service to Portland, OR as well as Los Angeles, CA, were also painted into the two-tone gray "Passenger scheme". Note that all those Challengers assigned to passenger service were converted to oil burning and also had "Wind Wings" (smoke lifters) fitted to the sides of the front walk-ways.
Thus, the model pictured is a coal burner, and has no "Wind Wings", it is therefor not prototypically correct.
Sure looks nice anyway!