Thank you for contacting Mearto with your appraisal inquiry, and I apologize for the delay. This is a Chanel bracelet made of red leather and 24 karat gold plated hardware. It is in excellent condition. It shows no signs of wear, and the polish is in good shape. Given the condition of this piece, and completed auctions of similar items, a fair market estimation is 2,800-3,000 dollars. Please reach out with any questions. Bo Stuck