Hi Dor,

Happy holidays and thank you for contacting Mearto with your appraisal inquiry.
In my years of working with - and appraising - bear-skin and other hide rugs, I've not come across the label "Pepi Tone"; it's not a known maker or product.
The market for bear skin rugs can be complicated as the sale and ownership of bear skin rugs are subject to various regulations that differ by jurisdiction. In the United States, laws vary by state. For example, California prohibits the sale of bear parts, including rugs. In contrast, states like Minnesota allow the sale of black bear skins, skulls, teeth, and claws, with certain restrictions.
International trade in bear products is regulated by agreements such as the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). It's essential to be aware of and comply with these regulations when considering the purchase or sale of bear skin rugs.

Based on the photos and information provided, and subject to examination, this is:

A vintage black bear hide rug
mid-late 20th Century
With fully-intact head, teeth and claws, cowhide lining marked "Pepi-Tone"
Approximately 5 by 6 feet
CONDITION: With some wear but appears to be generally intact; value assumes no odors, stains, repairs or losses.
PROVENANCE: Inherited
$ 300-500*
*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