Good guess, they are fly terrets, the ones in my photos are mostly just for
decoration on work horses, but similar items that don't have the center part
are used as guides for reins.
A while ago I had posted a strange looking item that the owner had said was
a hood ornament for a car but I'm pretty sure that it's actually a fly
terret, a photo of it can be seen here:
The answers for this week's set have been posted:
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