This is a stainless steel pad cheek bit
There is a brass badge or boss on each of the curved cheeks. The bosses are cast with a central lion on top of a crown, around the edge there are the words "Peninsula" and "Waterloo".
The cheeks and mouthpiece can rotate. The mouthpiece is stamped "S.B.H", "Stainless Steel" and "92".
Dimensions : Mouthpiece 5½" (14cm), Cheeks (not including rein loops) 7½" (19cm)
848g (1lb 14oz)
Ref : bit492
Sorry, this bit has been sold