This older black saddle has new real sheepskin and is ready to impress! The tree looks to be bare or gauze wrapped wood, it appears solid, straight, and tight in every way. And it does not bleed. It came to me with the new sheepskin and saddle strings and I dyed the saddle strings to match. This will likely be too narrow for horses alive these days but may work for a mule or narrow pony- would make a great conversation piece too!