In the toy knights both Arthur and Lancelot both share the same Lion
design shield, painted red for Arthur and yellow for Lancelot.
Interestingly with Lancelot's lion motif the movie designs vary, the lion image on his horse does
not match the lion design on his tunic. But the tunic design in the
movie is very close
to the design on the Timpo shield.
Poor Arthur for some reason got a hand me down
shield design, yet in the movies he has a wonderful red Dragon on his
shied and horse. The Dragon is reproduced in all its splendor on the
standing toy Arthur figure, sad that cost or time did not allow for a dragon
shield on the mounted model.
I should also be noted that in the movie
both the lion and dragon face forward towards the horses head on the
right side, but they face to the rear on the left side.