I just found this from an email I received from Louis when I bought the Palio de Siena:
In 1996, finally, two sets of odd figures were added that set the high water mark for K&C’s glossy production, the four medieval Standard Bearers from the Palio Races in Sienna (produced upon a commission from Toy Soldier Magazine) and “Les Miserables”, the figures from the poster for the musical (produced upon a commission from the producers of the musical for the Hong Kong stage, and available only in Hong Kong). The four Palio Standard Bearers are each individually sculpted in separate positions, wear four historically correct heraldic costumes and carry four different heraldic banners. The sculpting is good, but not exceptional by today’s K&C standards, but the glossy paint jobs are the equal of any of the present exceptional matt production.