The 1986 Applause Precious Moments Plush Pegasus Unicorn Doll is a vintage 9" stuffed animal doll that features a unique combination of a unicorn and Pegasus. It has pink felt wings, a gold unicorn horn, a pink heart necklace, a yarn mane, and is adorned with 1980's era styling. The doll is part of the Precious Moments product line and does not include a locket. This rare find from 1986 appeals to collectors of vintage dolls and nostalgic toys.