Need more experienced eyes then mine,,, looked on V.V and Wexlers, cant find this. Sorry pics are poor. It is the end of the rope above the saddle horn. Maybe a new listing or PMD? Thanks to all who reply.
I see what your looking at I think, but the shadow is covering all along the edge. You can take more pictures and adjust the lighting, but just looks like MD to me. So not doubled. And I agree with the rest that has been posted.