Thank you for submitting your item for appraisal. This appears to be a silk scarf "Les Jardiniers du Roy", designed by Maurice Tranchant, inscribed "Hermes Paris" , in apparently excellent condition. The estimate is based on similar or near identical scarfs actually sold at auction. "Asking prices" in the trade are usually higher and can vary. There is no measurement for the sentimental value you might attacht to the item.