Thank you for contacting Mearto with your appraisal inquiry.

It is a lovely old handbag. Such vintage accessories are being offered at auction on a regular basis.
The handbag has a lovely design and the material used (tapestry or embroidered) appears to be in good condition without much fading and with the colours and lining intact. This type of handbag was very popular in the early 20th century and they are fairly often seen at auction.

The estimate provided is for a well-advertised specialised online accessories auction, where I believe the handbag has the best chance of realising its fullest potential. However, there is no measurement for the sentimental value you might attach to your grandmothers handbag. Retail "asking prices" can be higher and vary.

Please let me know if you have any additional questions. I’m happy to help.
Thank you