Thank you for submitting your item for appraisal. This appears to be a 1930s solid and walnut veneered plywood side or end table. The tray´s frame is carved by hand, showing a kind of leaves pattern. Apparently the table was exposed to sunlight, a renewal of the varnish would make sense. Decorative and useful side tables are always in demand. The estimate is based on actual auction results. A collector of 1930s furniture might be willing to pay more than the high estimate. There is no measurement for the sentimental value you might attach to the item.