I like both both options on the right. I think the extra ornamentation on the left examples is a little too busy for my taste. Either or, you're doing excellent work.
Definitely the one on the bottom right. Because of the contrast, the darker background makes the horse more visible and as it's supposed to be a valuable item I'd choose gold as a basis rather then silver.
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Because of the contrast, the darker background makes the horse more visible and as it's supposed to be a valuable item I'd choose gold as a basis rather then silver.