The guanaco is a member of the camel family native to South America and the wild animal from which the llama and alpaca were domesticated. Prized for its fine wool, the guanaco has a reddish double-coat with a thick, course overcoat and a soft, downy undercoat. Because it was once over-hunted for both its meat and wool, the guanaco is now a rare, protected species and its fine wool is sustainably harvested to be made into luxury products.