Looks like a good basic baseplate compass.
http://www.rei.com/product/727086/suunto-a-10-compass

This one has a declination scale inside the bezel rather than either no scale or an adustable bezel. Expect to pay around twice as much or more for that feature -like this one-http://www.rei.com/product/408011/suunto-m-2d-locator-compass

Personally, I prefer black or blue markings, but unlike cars, no choice in colors usually. I have a Silva 7, which is similar, but without the declination scale and probably cheaper (had mine for years). I also have a Silva 27 (small mirror compass) and a Suunto MC-2G (which does have the red markings).
http://www.rei.com/product/652898/suunto-mc-2g-navigator-compass
Got mine on eBay a while back so did not pay retail. The price on these has gone way up from what I remember from a few years ago. Compasses don't really wear out unless you magnetize them or break them.

If you need to learn how to use it, The Land Navigation Book published by the Sierra Club is a good instructional book or there are several websites with lessons. Get a topo map of a local park, then go out and try out your skills. Like most things, it's useless or worse if you don't know what you are doing with it.