Brass Slaymaker "The New Century" PadLock - Cutaway

Here is a nice look inside a horseshoe-shaped padlock.

This SLAYMAKER LOCK MFG CO " THE NEW CENTURY" lock is a very nice lock but in dire need of repair. Very collectible with the original key that came with it. Do not know if all the inner pieces are there but I am sure a locksmith could repair it. It is a little beaten up, but this lock is very hard to find. - eBay (26 Dec 2009)

This padlock had a high bid of $18.50 (Plus $3 Shipping).
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THE NEW CENTURY Padlock

Here is another 'The New Century' horseshoe padlock.

A near rare padlock and hard to find in this very good condition. Has a few minimal dings of wear and age, a great patina, works well with key. 2 3/4 in high, 1 7/8 in wide, and 7/16 in thick. - eBay (22 April 09)

This padlock had a high bid of $105 (Plus $4.95 Shipping) but failed to meet the reserve price. Click the label below for more examples of this padlock.
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The New Century - HorseShoe Shaped Padlocks

It is a horseshoe padlock, and at the same time it is not since it states "The New Century" and not 'Good Luck' like the other horseshoe locks.

This Vintage Lock stamped New Century horse shoe shaped O6 is in Good Vintage Condition. - eBay (10 Feb 09)

This padlock sold for $31 (Plus $4 Shipping).
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And there was a second padlock offered for sale soon after:

Brass "The New Century" Horseshoe shaped lock

This beautiful little antique brass lock is, I believe, an earlier bicycle lock. No key (sorry!) and only visible damage is the little round part at the top of the key slot is split - so you could still get a key in, if you had one, and the piece swivels as it should, but I wanted you to know.

Great condition otherwise, and should polish wonderfully should you desire to do so - it is in "as found" vintage condition. Sold with NO RESERVE. - eBay

This padlock sold for $34.88 (Plus $2.99 Shipping).