So the original color is apricot ? Maybe the two coats of paint are filling letters and numbers of SN ?
Hope they didn't fill in SN because something "fishy" was going on …
Sometimes people paint boats because they don't like the color, others think because gel / flake is cloudy and dull it shot. Your flake might still be OK. Being painted would keep it from fading any more then it was before being painted.
Remove old paint on deck and see how bad it is. You could get lucky and it just needs some wet sanding /compound and it'll shine like new. Some have used paint remover, brush it on, wait awhile, scrap it off with plastic scraper. Hope some one comments on which brand to use.
That a good sign that floor was done well. so maybe the transom was also well done.
I know you wanted blue, but apricot is a very cool color, my favorite .. Check out Dave's (Oldfishguy) CV pictures ..