But… You can get one with butterflies punched out of the expensive wool. How does that not make it worth every penny?
There is also a very expensive cap.
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Maybe they’re trying to appeal to the crowd of riders who are into riding for the “fashion” of it. i.e., the Kim Kardashians of the world who buy over a dozen “freesian horses” [sic] just for the hell of it but have minimal interest in actually being a good rider, or riding in any capacity where having higher tech gear would really make a difference.
If I had to guess, I’d speculate that this is the vanity project of the bored offspring of a very wealthy person(s). “I’m workshopping an exciting nexus of sustainable eco-fabrics with high-end equi-couture”.
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Maybe $100
But the real deal would be the time to knit such an item.
The pads in the op look woven to me though
ETA: to be sure, I would not give $100, much less, 1000 for the saddle pad in the op.
$1,000 for a saddle pad seems practically reasonable compared to a $5,700 blanket!
But wait! They also have a $500 blanket surcingle. Please tell me the $5,700 blanket comes with one, or do you need to purchase it separately? 
I am sure that people buy these, insane as it seems! There is a definite market for true luxury in the horse world, and the customer here isn’t the everyday horse owner or even the A circuit riders who will spend $1k on a show coat. It’s the ultra wealthy, who worldwide are very interested in equestrian sport. I ran a tack shop in a big tourist-y city and we had extremely well-off clients from all over the globe. We sold $600 breeches, $3k helmet backpacks… folks didn’t blink, and some would walk in specifically requesting only the best, most special, priciest product we had in each category. If your everyday outfit is a $5k Loro Piana sweater, $900 for a unique, luxurious saddle pad doesn’t seem so extreme.
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If this is satire, it’s genius.
Did she buy a dozen horses?
I remember something about her buying a pony for her kid a year or two ago, but nothing else about horses.
Apparently she bought 14 of them “just because”, and one of them was a 7th birthday gift for North.
Well, I don’t keep up with that crew at all, but I hope the horses are having a nice life.
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Hermès better be careful, their $480 saddle pad is a downright steal next to these prices! We might have to label them a lower end brand now. 
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after seeing $200,000 horse trailers and $150,000 trucks to tow the thing a $1,000 saddle pas appears to be a throw away item when dirty
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StormyDay, that’s hilarious.
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That cap ad made me snort- “Looks sporty!” “Is comfortable!” <— two things that do not occur to me as I’m shoving a random baseball cap (probably gotten for free) on my head prior to heading out to walk XC or whatever.
I have one of these… honestly I use it more than the horses!
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200K horse trailers? Snort. That’s peanuts! 4 years ago… https://www.horseandhound.co.uk/features/luxury-horseboxes-for-sale-472677
