In horses liver chestnut is a type of chestnut. So chestnut to
chestnut will produce a chestnut foal. The actual shade of chestnut
will be controlled by underlying factors that are not well
understood.
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Cherry Chestnut would be a lighter chestnut then the red
chestnut but they both basicly are the same.
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Well, the color Chestnut is called Chestnut because it looks
like Chestnut wood.