Thank you for submitting your item for appraisal. This appears to be a chinese Wood carving in the shape of a ritual wine vessel, The chinese characters in seal script means "shou" or "long life". The wood carving might have been done in a rural area, possibly by a nomad non-Han ethnicity in western China, possibly second half 20th century. Wood carvings in general are not very much favoured on the art market. The estimate is based on similar offered or sold at auction.