Thank you for submitting your item for appraisal. This appears to be a chinese pilgrim bottle vase of very recent production, a slip cast vase in the tradition of Jun Ware, of typical purple glaze colour. The design 丹凤朝阳 referring to a Qing Dynasty Qianlong era poem which describes a colourful sunrise. These vases are still in production today. The estimate is based on similar modern vases offered or sold at auction. There is no measurement for the sentimental value you might attach to the item. The original purchase price in China might have been higher than the current fair market value.