Hi Ray,

Thank you for contacting Mearto with your appraisal inquiry.
These horses do come up for auction from time to time. Doyle Auctions (in NYC) recently offered one of these horses for sale with an estimate of $600-900 but it only sold for $378 (https://www.askart.com/auction_records/Sergio_Bustamante/11020279/Sergio_Bustamante.aspx?lot=6217760);
Quinn's auctions in VA sold another in 2020 for $700 against an estimate of $600-900 (https://www.askart.com/auction_records/Sergio_Bustamante/11020279/Sergio_Bustamante.aspx?lot=5920349)
Based on the photos and information provided, and subject to examination, this is:

Sergio Bustamante (Dutch American, Born 1949)
Carousel horse
papier mache
signed and numbered 26/100
52-1/2 inches high by 50 inches long by 16 inches wide
CONDITION: this horse appears to be in generally good condition with some wear and paint losses commensurate to age and use.
PROVENANCE: acquired in a second hand store
$600-900*
*represents a fair-market value for auction purposes; retail or asking price may vary.

Please let us know if you have additional items to appraise, or questions/concerns, and thank you again for using Mearto.
~ Delia