From the scan I am not seeing a sepia tone, which I have always understood to mean that it would have a brownish tint to the image, like one of the more frequently encountered tint variations in the Batter-Up set, and the overlay on various areas of the 1922 Zeenut, as seen in the examples below.
The Colgan on the left does seem to have a different tone to it, but to my eyes it is just a slight variation of gray.
Brian
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