Unless someone was planning to glue it to the hoof, it is not designed to be put on a house.? There are no nail holes.? It is a badly made horse too.? See how the cleat in not centered on the shoe?? All shoes that I have seen to be used with animals, be it horses, mules, donkeys, or oxen are steel to stand up to the use.? Brass would never do.? My best guess is that it is a decorative lucky horseshoe meant to hang over a doorway.
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A) Agreed, having spent months, if not years, on a mule exploring the unknown barranca country. There is a little known thingie in that the early Spanish actually used silver for shoes, due to lack of iron and superior griping power of the softer metal in the rocky ledges of the sierras.
Also another thingie, they use rebar to make the shoes down here.
Till Eulenspeigle - Jose de La Mancha