I must say, originality aside, most 14 series Bellancas paint schemes were not as dazzling as the Hubble illustration Tim found, with the Diana Creme trim and dazzling red. Most of these aircraft were cotton covered; the original colors tend toward the monochromatic, and, thus, were seldom duplicated at the first recover.
The best color jobs I've seen do what a fine suit of clothes are meant to accomplish: diminish flaws while accentuating the more attractive features. For example, all 14 series Bellanca fuselages are as boxy as a shipping crate. Light, single colors make this all the more obvious. Thus, two tone paint schemes (lighter color on top please, with a deep color for most of the fuselage) work well. Or simply a deep color alone will work nicely. What you're looking to accomplish is to capture and highlight the curve along for upper forward fuselage and diminish the slabs farther down.
Trim really helps to break up the monotonous slabs as well. In 14-19s Bellanca went so far as to have stainless steel trim. This was ultimately reduced to the cowl and front cockpit on both sides. Though I believe I have original trim for the whole damn thing, fastening it past the front cockpit area presents problems extremely far down on my most wistful to-do list.
Another area where many owners see less than sterling aesthetic appeal are those D windows illuminating the rear seats. Some owners resort to a shadow technique, casting a painted shadow beyond the window that does not terminate into a D. This was the approach the previous owner of my 'Master employed and I think it works well.
The most novel solution I've seen is to put round windows, resembling portholes in place of the killer Ds. Of course, most owners think the D windows are just fine as they are.
Finally, the classiest touches a 14 can have are those wonderful NC numbers applied to the wings. I wish to heck I had those. Apart from adding a charm that only aircraft from that era can legally employ, they draw attention to the 14 series most drop-dead-gorgeous feature of all: those magnificent wings, at the core of which lay their creator's distinctive genius. No NACA number airfoil for these, no sir. Their airfoils are the Bellanca B or, in aviation speak - and far more apropos: the Bellanca Bravo!
Oh hell....just toss a nice color on your bird and go flying
Jonathan