^ Some of the bullseye bags were pictured on a few websites that had a blue outer ring on the bullseye, with a red circle around the little lamb. They were early production bags.
Then when the bulk of the Bullseye bags came out - they had a red outer ring with a blue circle around the little lamb.
I have a Bullseye Montego and I use it a lot, I have never had any issues with the paint rubbing off, but I have heard other Bullseye owners did.
Thanks, this helps. I originally only wanted a wallet, but there are so many cute bags too.

I have a handpainted Anuschka that some of the painting has rubbed off, so I don't need another with rubbing off paint.