For the equestrian on your gift buying list, you can get horse riding apparel, horseback riding lessons, or even a whole horse. Or, you can get this.The seller doesn't seem to know the origins of this item in particular, although indicates that there are a lot of contradictions within the item itself. An inverted horse shoe, meaning bad luck, but saying "good luck" on it, and then putting in an inverted pentagram, which is the opposite of a Satanic symbol.
It's hard to put a value on something like this, unless you have expertise in this area, but somehow, I don't see it being worth the opening bid of $80. It's not even made of anything precious...it's brass.
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