Excellent ConditionML Leddy likely makes the best saddles in the world --- especially when it comes to cutting and reining. Their saddles are world renown for excellence among trainers and professional horsemen. Each saddle is handcrafted one at a time using the finest materials available.
This saddle has a 17" slick seat, and appears to have a 2-1/2" cantle, 2-3/4" tall horn, rough-out jockey and fenders. Everything else that's visible is hand tooled with matching basket weave pattern. The saddle was purchased around 1988 or 1999, used for 3 years in competition, then cleaned, oiled and retired to my den. It's got a beautiful patina, and is in extremely good condition. While hand-made specifically for cutting, this saddle is very comfortable and would work equally well for reining and pleasure riding.
To order this saddle today you would be looking at somewhere in the $5000 range.