Can anyone tell me which year this bag is?

I agree with Andy - the red looks like vermillion. Here are pics of my Tomato First indoors with flash and without. The color is a little different
 

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As for the 2007 leather, I only have a First from this year. The leather on mine is a bit thin and dry (I love it anyway!), but I believe the consensus is that 2007 in general is a good year leatherwise.