This is a vintage 20th century Duncan Phyfe Revival, four feet with pedestal center gaming table in what appears to be mahogany. Usually these tables have a folding lift up table top that turns on the center pivot for a larger table surface. This would be different from a drop leaf table, where the leaves hang down at each side when not in used. These are a bit slumped on the market currently and were impacted by the Recession. The estimate is based on actual recent past recorded auction sales of comparables. Retail 'asking prices' can be higher and vary.