a little off topic but on the subject of morgans and valuations of them –
a few months back on my FB feed, there was an attractive palomino WB gelding that was listed for sale by a horse seller local to me.
he was in his early teens, ~16h, used as a lesson horse, no recognized show history but some local show mileage, looked sound for the job he was doing in the videos i watched. i remember looking at him because i was curious what his bloodlines were, there aren’t a lot of WBs here of color besides Art Deco… he looked like a nice fellow, was a good mover in the video and seemed pretty honest. they were asking $10,000 obo which seemed a little high for my area, for an unpapered WB with no show history - especially a lesson horse, which tends to go for about ~$4500 here give or take… but he was a PALOMINO warmblood and generated a lot of interest.
it sure was interesting when someone who knew the horse (prior owners, apparently) were quick to point out the horse in question was actually a morgan.
fooled me (someone who is pretty familiar with morgans), and about the ~50 other people that commented on the sale post. and after that, the interest almost completely died off once his real breed was exposed - since 10k for a morgan is somewhat less tenable than 10k for a WB of the same resume/experience.
goes to show you how much weight is put in the perception of “quality” when something is assigned to it, like “warmblood” or “morgan”. the horse’s quality did not change, but the perception of it sure did.
i imagine he must have been bred from one of the better morgan breeding farms around here. he did not at all have the conformation i usually associate with morgans and didn’t have the flat open hocks or the morgan way of going… so i assume he must have been quite carefully bred for sport.