I agree with SJ, I didn't see the price when I was there, but that's alot of money for something that you're already not overly enthused about...
from what I recall (sorry again I can't be more specific - I was stalking a snakeskin clucth!) it was a pillar box red, but was not overly shiny - it wasn't so "in your face" that I was immediately drawn to it. I woudl say it was no more shiny that than the leather on the coloured Milton bags (like SJs recent blue one), certainly not like patent shine. hope that helps!