Hi Jonathan, Thank you for contacting Mearto with your appraisal inquiry. These hats were doubtlessly quite expensive to purchase new but have fallen out of fashion to a large degree and do not retain much of their original value. Most fur hats - regardless of fur - bring less than $100 when sold at auction today. Based on the photos and information provided, and subject to examination, this is: A vintage Russian squirrel hat mid-late 20th Century Of pillbox form, constructed with red squirrel fur and lined with silk. Retains original manufacturer's labels size 8 CONDITION: This hat appears to be in good condition; value assumes no tears, stains or odors. PROVENANCE: Acquired at auction $ 50-75* *represents a fair-market value for auction purposes; retail or asking price may vary. Please let us know if you have additional items to appraise, or questions/concerns, and thank you again for using Mearto. ~ Delia