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Just looks like a Bay Appaloosa to me. I swear I've seen that one before, but the name, and where I saw it escapes me at the moment. This horse was probably born with a spotted blanket, and the interesting coloring you see is the result of varnish spreading up the body creating the odd speckling and halos around the larger spots. Similar to how this mare looked in her younger pictures - http://myhorseforsale.com/horses-for-sale/details/?hid=27003

Looking at the "greyish" background, it looks like varnish roan messed up the bay, don't you think?
@Maribo Do you know whether the peacock pattern is inheritable?

To me it looks like that he/she was born dark but now that he's getting older...his spots are fading ^^ if i remember right it's called the peafowl effect or peafowl spots...where the spots look like they are shrinking and have a ring around the spot ^^ just like this guy Mystic Worrier a Friesian Appaloosa cross
his before and after pic of him i found on google and another from when he was a weanling i think :)
https://s-media-cache-ak0.pinimg.com/564x/81/c9/20/81c92023257c005ec6cfe0fd192510e4.jpg
http://1.bp.blogspot.com/_2gu7dLmFphk/SZMF5yTMIJI/AAAAAAAANBQ/0vFM-CqqsYI/s400/Mystic1.jpg