I think what you have there is a cast aluminum playground rocking horse that was repurposed as a barber chair. These originally were fixed onto a large rocking spring. I remember most of them as having coil springs rather than this type. Here's an example:
http://www.worthpoint.com/worthopedia/vintage-spring-playground-horse-cast-75665288I remember these from the 1960's. My guess is that they date to the 50's and 60's maybe as late as the early 70's. They tended to whack kids in the forehead if you got rocking too hard on them and were gradually phased out of playgrounds.