I agree with Ron that most of these grips were Sterling Silver. When Hugo described them as "German Silver", I knew this was a Mexican term for what we call "alpaca", a Tin alloy. Instead of gold inlay, the highlights here appear to have been gold plated, which has worn off over time.
I also agree with Ron that the motifs are unusual; while not typical, I have seen the horse in horseshoe design before, but the American Indian is unique. What you typically see is some form of the Mexican National symbol, the eagle on a cactus devouring a snake, which is part of an Aztec legend describing how Mexico City was founded. Ron's example shows this eagle.
These appear to be a "poor mans", discount version of the typical Mexican grips and clearly designed with the American market in mind.
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