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Missing the balancing stand.
This item is a vintage folk art pendulum balancing toy, often referred to as a "skyhook" or kinetic balancing sculpture.
Design: It features a Native American rider on a prancing horse.
Mechanism: The figure is mounted on a metal stand and designed to balance on a small point, creating a rocking or swinging motion.
Category: It is classified as a Western Americana collectible or folk art piece
