People paint them up for weddings, hang over doorways etc and may be far from a farrier or stables.
Better than a shiny tin foil cardboard good luck token on a ribbon
yes, cleaned up and gently polished it would sell more easily.
I suppose 'modern; in case anyone thought they were getting a geuine antique or archaelogial find
ha ha because people think they are lucky, wether they are or not depends on the myth and you have to remember some people havent actually seen a real live worn horse shoe in all its glorey
now i am a betting if that come off some top notch horse
who would buy it, say one of john whittakers-- ha ha