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What is the difference between Brown Papered and Blue Papered?

BLUE papered
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What is the difference between Brown Papered and Blue Papered?

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Blue Papered- (fourth generation foals) these are either fillies or colts that have the past three generations fully and permanently registered in the MFTHBA. Brown Papered- Any registered foal not considered Blue Papered will fall into this category.

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