Thank you for submitting your item for appraisal. This appears to be a mid 20th century cocktail cabinet, plywood and solid wood construction, decorated with wooden ornaments, on cabriole legs, on swivel casters, in apparently excellent condition. The general taste has changed and so have drinking habits, therefore current demand for such is low. The estimate is based on similar sold or offered at auction. "Asking prices" in the trade can be higher and vary.