Now, this isn't an old pelter but a new one. It was rusting, tiny spots, when I removed it from the package. It was an on line purchase, at one of the big Canadian online stores that is Pleasant to shop at. They're up on the ridge. A few emails later I could send it back at my cost, it would be replaced (no thanks) and shipped out. This is a D ring snaffle with almost invisible copper lines on the tongue side. About a week ago I put this bit on the horse and didn't wipe it. It is now quite rusted, just the mouthpiece. There are different qualities of stainless and unless you spend about $40 you'll get crap. At least the more expensive has resale value, mine has none. I think I paid around $23.