The Navy's interwar colors are part of a very complicated story - I hope you all can put up with the short version here...
For most of the 1920s and '30s, the Navy's Bureau of Aeronautics was opposed to any use of pigmented dopes or any lacquers. The standard finish coat was enamel - a pigment mixed with spar varnish. (Fabric was doped to strengthen, tauten, and preserve the material, but an enamel finish coat was applied atop the layers of dope.)
Immediately after the Great War, the Navy favored a finish coat of light gray enamel:
The gray enamel was replaced by aluminum enamel in the early 1920s - the aluminum reflected more UV and IR, increasing the durability of fabric and woodwork. The aluminum finish gave an overall even appearance:
However, the aluminized enamel did not adhere well to primed metal or wooden surfaces, making the aircraft - and the uniform of anyone who rubbed up against it - appear shoddy. By the very late 1920s the Navy began using aluminum enamel on fabric surfaces, and gray enamel on metal or wooden surfaces. The contrast between the finish coats was easily distinguished::
By 1936 the Navy relaxed its opposition to pigmented dopes on fabric surfaces and lacquers on metal and wooden surfaces. Aircraft again appeared in overall aluminum finish, but the slight differences between aluminized dope and aluminized lacquers could still be seen:
Most F2Fs were delivered when their metal fuselages were still being painted gray; the aluminum lacquer was introduced during F3F production and repainted onto older aircraft (where the lacquers tended to eat through the original layers of enamel:
Anyway, that's probably more than most modelers want to know, but I hope it's helpful. And then there's them yeller wings....
Cheers,
Dana