Dear Lisa,

Thank you for contacting Mearto with your appraisal inquiry. My sincere apologies for the delay with the appraisal.

The presented object appears to be a modern Katana sword with a total length of 37 inches. The sword is decorated with dragons and was made in the second half of the 20th century for decorative purposes.
Comparable objects were recently offered and sold on the international auction market. 
This piece is in good condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 20 to 60 USD.
This estimate is based on actual recent past recorded auction sales of comparable items. Retail "asking prices" can be higher and may vary.

With kind regards, 

George