Vintage Suede Leather Hand Drawn horses Native Western Poncho BEAUTIFUL! I think it's watermarks but can't be certain.
A dry cleaner or someone more experienced than me should be able to take it right out. Measurements shoulder to shoulder 17 in. This item is in the category "Clothing, Shoes & Accessories\Specialty\Vintage\Other Vintage Clothing".
The seller is "juande_6392" and is located in this country: US. This item can be shipped to United States.