Rare Vintage 1950s Red Garay Cowhide Leather Belt

Rare Vintage 1950s Red Garay Cowhide Leather Belt. This beautiful belt would be great for riding or almost any other occasion.I've only found one other belt that is similar to this belt. I'm unsure what the medallions mean or represent. The belt measures 28 inches long, 2 inches wide and 1/8 inch thick. It fits a 24 to 25 1/2 inch waist. The largest medallion has a diameter of 1 3/8 inches, the middle medallion has a diameter of 1 1/8 inches and the smallest medallion has a diameter of 3/4 inches.Stamped marking 24 Garay Top Grain Cowhide 7154