07-27-2011, 11:07 AM
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If the pics of your horse are representative of the way he works, that is a nice horse. I would suspect that he is an offspring of CD Olena and that you may have misunderstood. In any case, before money transferred hands, I certainly would be in possession of his papers as well as the horse. There are escrows that could be used for just such a thing. I would also have been in possession of a copy of his papers while I was negotiating his purchase and would have run them through AQHA to check on any show or breeding records.
As for his worth, it depends on what he has done as well as his age and the results of a PPE.
I've had a number of horses that could work a cow as well as the pictures you posted and had great breeding as well. I paid considerably less but the horses themselves were never real money winners so they were not worth as much as one that was.