Preliminary identification

The Trail of Painted Ponies Figurines, 'Silver Bells' & 'The Phoenix Pony'

Photo reference

4 uploaded photos

Overview

A pair of highly collectible resin figurines from 'The Trail of Painted Ponies' series, featuring 'Silver Bells' (Item No. 12235, 2006) by Janee Hughes and 'The Phoenix Pony' (Item No. 11568, 2005) by Wendy Wells-Bailey. Both pieces come complete with their original boxes, tags, and story cards, representing first-edition castings as indicated by the '1E' prefix on their bases.

Story

Launched in New Mexico in 2001, this public art project invited artists to use life-sized horse sculptures as blank canvases. The resulting miniature replicas transformed the humble horse figurine into a global collecting phenomenon. These two pieces represent the beautiful duality of the line, contrasting traditional festive pageantry with bold, modern fantasy art.

Maker / Origin

The Trail of Painted Ponies was founded by Rod Barker, inspired by the public art project 'Horses in the Hood' in Santa Fe. The company collaborated with independent artists, illustrators, and native craftsmen, giving them a global platform.

Condition & Value

Both figurines appear to be in excellent, near-mint condition with no visible chips, cracks, or paint loss. The original red boxes show very minor shelf wear but are structurally sound, and the original hangtags and story inserts are present, which preserves maximum collector value.

Full Research

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Sold comps, value drivers, and venue guidance pulled from recent auction results.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.