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Is this genuine Paul saddle looking to purchase a saddle for my daughter who just started barrel racing. is this too old or would it be OK to use What age would you say this is based on the stamping. 

That saddle is probably 25-30 yrs old but they were very weell made back in the day. One of my fav saddles ever.  It should be fine for a beginner starting out.  She may need a deeper seated saddle when she builds up speed.