Although often pony-sized, Icelandics are referred to as horses by breeders and breed registries. They are hardy, double-coated horses who are well-suited to tolerate the cold and every kind of work. A five-gaited breed, it is known for its sure-footedness and ability to cross rough terrain.

While these horses are smaller than the Classics, they are every bit as intricate and detailed as their larger counterparts. At 1:32 scale, the grown horses measure approximately 3.5"H x 4"L and are available in several different assortments.