This is a absolutely Beautiful El gato Marked bit, Marked with the old mark. This bit is in very good shape all the silver is present with hardly any blemishes. There is strip inlay along the edges and the engraving is top notch. Use this bit or hang it in your collection either way I\'m sure you will love it.I am listing a lot of older and handmade bits and spurs this week so please check my other listings.