Hi Jonathan,

Thank you for contacting Mearto with your appraisal inquiry.
These hats were doubtlessly quite expensive to purchase new but have fallen out of fashion to a large degree and do not retain much of their original value. Most fur hats - regardless of fur - bring less than $100 when sold at auction today.
Based on the photos and information provided, and subject to examination, this is:

A vintage Russian squirrel hat
mid-late 20th Century
Of pillbox form, constructed with red squirrel fur and lined with silk. Retains original manufacturer's labels
size 8
CONDITION: This hat appears to be in good condition; value assumes no tears, stains or odors.
PROVENANCE: Acquired at auction
$ 50-75*
*represents a fair-market value for auction purposes; retail or asking price may vary.

Please let us know if you have additional items to appraise, or questions/concerns, and thank you again for using Mearto.
~ Delia