Buckskin with black points, black hooves, and solid face with grey nose. Both releases are nearly indistinguishable from each other:
In 1984, this model was available through Sears as the Collectible Stock Horse Family and included a matching Stock Horse Stallion, Mare and Action Stock Horse Foal. This release typically had black or grey hooves, and the coloring may be a bit creamier looking than the regular run.
Released as a single model #222 American Buckskin from 1987-1988. Typically these models have black hooves.
Side note: Models from around 1987 have been known to shrink, and this can cause the color to fade, causing it to have a more creamier color like the 1984 Sears release.