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 XXXXX@XXXXXX.XXX with my name, Michelle in antiques and they will be emailed to me. It can take several hours for me to get the photos depending upon how busy the site is.
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?