Interesting Pegasus opinions

[Phill Lockett]

Team I'm perplexed about this Pegasus and would like your opinion.

My friend has the Formation sign and I asked to do some tests.

The design is embroidered on wool , you can see the wool thread fibre on the front.
There is red stitching around the outside.
The spear shape appears to take the shape of a trident and the overall embroidery has good detail.
The reverse, at first I assumed it was polyester (translucent look) however he did a UV test and it does not glow or light up like a xmas tree.What glow you do see is a reflection of light-he forwarded a video.

The black backing is glued hard against the wool and he did a burn test on the backing, which turned into ashes meaning a non polyester fibre was used.

However on the reverse bobbin thread has these maroon, yellow speckles of thread showing?

Would welcome opinions.

cheers

Phill