This is an early 20th century Edwardian era mahogany low-profile, 3-shelf, open bookcase with blind fretwork detail across the front of the crown frieze. This appears to be in good condition. Edwardian open bookcases tend to be popular on the market and rather 'fast sellers'. The estimate is based on actual recent past recorded auction sales of comparables. Retail 'asking prices' can be higher and vary.