You see a small figurine of a horse on the ground.
Armor class is 2-4. Modifies moves by 100 continuous.
Keyword(s): figurine, horse. Level(s): 10. Type: armor. Slot(s): <held>. Quality: 100 hps. Weight: 3 lbs. Flag(s): glow, magic.
Area: Descent to Hell (Map). Mob(s): Stanley.
Stanley sells these; see his page for more information.