Seems like it may actually, i was thrown off a bit a first, but i do believe this era came in green/white, and the 'VC' logo looks like it could be the outcome of faded green, Plus i think it may have seen a paint job at some point (Look at the rear flap) which makes it seem out of place when it isn't.
I would say it seems to be, and with the right coat of paint on the base it will look right again!