Vintage dark oil leather browband, with an alpaca silver concho across the front. This browband is approx. 11 3/4" in total length, making it pony or cob size. Does not appear to have been used. Might be suitable for small bridle or in hand show halter. I have not removed the concho to check for markings, but it is alpaca, which is similar to nickle silver. Was purchased during a tack shops closing years ago - the shop was a Circle Y dealer that had been in business since the 1950's and this was old store stock. 

Thanks for looking!