Hello, this item is a modern decorative Japanese-style katana-form sword with a red lacquered scabbard, gold-tone fittings, carved ivory-look handle, and polished gold-colored blade. The visible blade inscription reading “440 stainless steel” confirms that this is a contemporary decorative sword rather than an antique Japanese sword, traditionally forged nihonto, or military blade. The molded dragon-themed guard, bright plated mounts, synthetic carved handle, and red scabbard with black and red cord are consistent with late 20th- or 21st-century display swords made for decorative use.

The sword appears to be in good decorative condition, with the blade clean, the scabbard glossy, and the fittings largely intact, though the materials and construction place it in the commercial reproduction category. These pieces have modest resale demand because they are not hand-forged, not signed by a recognized swordsmith, and not made with traditional Japanese materials. Its value comes from its visual appeal as a red and gold display katana, not from historical or martial significance. Based on the materials, condition, and stated length of approximately 46 inches in scabbard, the fair market value is $50 to $110 USD.