For $155 grab the saddle. It has a rawhide covered tree. I suspect anything that might be wrong with this saddle will be very minor. These older saddles are built to last a life time to all top quality leather and hardware is used. Maybe I'll buy it. The wonder style tree means the sharp forks and it may be a little narrower in the twist which women find more comfortable. With so many people trying to sue, the seller is likely protecting himself by saying good for display.