The emission spectra is measured as a collective effect, but each molecule has a distinct spectra and has its own microscopic sort of absorptivity and emissivity. If you take a sample of this molecule and turn it into a gas and measure the spectrum, you might actually get different values than if it was looked at when it was a liquid or gas. Odd scattering effects can happen with thin layers of a substance, like oil on water, or with a microscopic texture on a substance that makes it reflective vs a flat looking color. These are all optics phenomena and happen because the temperature is low compared to the black body temperature required to produce visible light, the object's absorption and emission not being in equilibrium. I hadn't really thought about this before, but the microscopic geometry can affect emissivity and absorptivity, apparently pyramidal divots make an object have increased emissivity...
As to your thought experiment comparing spheres heated by a torch, i see what you're getting at, but a better example would be two different filament wires in an incandescent light bulb. Once the metals are heated to glow in the visible spectrum, yes, each type of metal will have a distinct and different emission spectrum and have different overall emissivity. Now suppose you took two of the same incandescent bulb with an ideal black body for a filament. The light coming from the filaments and going to the surface of the bulbs would be a smooth spectrum. If the coatings were thick enough, the red coating would be reflecting light from the room, not emitting visible light from the filament inside. The black coated bulb would be reflecting no visible light, but both would be radiating infrared because of the radiation absorbed from the filaments inside. Assuming you could put enough wattage into both bulbs, the red and black bulb would both glow red hot (or white hot) depending on how hot they got exactly. The peaks and troughs in the emission spectra, the function you talked about, would be missing some frequencies, but to the unaided human eye, they would look like all the frequencies were coming through. You'd need to look through a spectroscope to see dark bands in the frequency spectrum. Once you looked through the spectroscope, you'd see that the red and black pigments do in fact have different spectra. Which means, of course, emissivity as a function of frequency. To my knowledge, emissivity is always a function of frequency, but when someone says they have determined an emissivity for an object in general, it's an average over the part of the electromagnetic spectrum that's of interest. You would certainly have a different emissivity and absorptivity for radio waves vs visible light.