Hello, Thank you for using JustAnswer. I appreciate the opportunity to assist you with your question.
If you could please give me the dimensions of your carousel horse and upload a photo.
You can use my photobucket page and upload your photos - http://s1086.photobucket.com/albums/j449/grannysantiques/ the user name is XXXXX XXXXX my password XXXXX XXXXXOr, you can email them [email protected]
Once I receive the above information and photos I will be able to respond to your question.
Antique carousel horses from actual carousels do have significant value and are very collectible.
Does he have a horse hair tail? Is there any indication that he once had a mane?