The version I received is red with gold trim. I don't know what is in the bag in the picture, but clearly it is not a tree. My tree fit with some effort, but the bag looks pretty cattywampus. It seems to be staying closed, so I think it will keep out spiders and what not, so that is a plus over the cardboard box the tree came with. Not sure how many seasons it would last, but I bought it as a temporary solution while we are renovating our normal storage area.