Plan on doing a full restoration? Just cleaning before painting isn't enough as the paint will chip away after a few years or less. Removing the parts and blasting, priming, and then painting will make it last another 60/80 years. On a budget? I use the TISCO paints, made in the USA by the Van Sickle Paint Co. I'd advise that every FORD labeled paint, regardless of brand, is too orangy for the 8N Vermillion. TISCO IHC RED TP-110 is the closest match and their grey is a close match too.
FORD TRACTOR TISCO PAINT SHADES:
9N/2N = TISCO FORD DARK GREY M-2888
8N = FORD VERMILLION (RED)M-2822 - TISCO IH TP110 CLOSEST MATCH
8N (AND UP) = FORD MEDIUM GREY M-13243 - TISCO TP-240
8N (AND UP) = *CNH IRON-GARD© ®™ M1J-957 SE4DS
*NOTE: CNH brand says used '39/62' but that isn't right. This is the FORD MEDIUM GREY and not used on the 39-47 Models. CNH no longer makes a Ford M2888 Dark Grey shade.