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The seam goes all the way to the top. If the bottle is anything like jars, the marks on the bottom may just indicate which machine it was created on. I had found one of them a few months ago and tried to research it. All I found out is that it most likely held something alcoholic given the neck style, but I don't have any books specifically on bottles and there wasn't anything at our library that helped much.
It may very well have been sun that affected the color, it was sitting in an open box in the barn in a spot that I think gets some afternoon sun. I was pretty startled by the pictures not showing the color. I even tried taking the pics without flash. Perhaps it has something to do with the fluorescent lights in my kitchen.
Oh, and thanks for the recommendations on how to restore the leather, guys. I still don't know that I will keep it since I don't plan on owning horses (I like horses, I just think their needs are a bit much for me to handle) and I still have no idea what most of this stuff is. I'm sure somebody else can put it to better use.