✅ SOLVED Vintage embroidered purse- Rowena Lee Teagle

LESTWEFORGET

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We found a hand-embroidered purse that has the name, Rowena Lee Teagle, engraved on the inside of the silver frame. (I think it's pure silver because I used the ice cube test) The interior is silk with a small mirrror sewed into it. It has Rowena's signature inscribed inside it in the silver. It is in excellent condition except for the tear in the silk on the inside.
What makes this interesting is that Rowena, born in 1885, and married a widower by the name of Walter Teagle in 1911.
Who was Walter Teagle, you ask?
Well, Walter Teagle was the president of Standard Oil (Exxon) from 1917-1937 and CEO from 1937-1942. He had to resign when it was revealed that Standard Oil was, indirectly, selling oil, and lubricants for the Luftwaffe to Nazi Germany even though he had two sons in the USAAF. Standard Oil was caught twice doing this!
After the war, they, including their only son, founded the Teagle Foundation. Rowena was a co-founder of the the Baker Institute for Animal Health after Walter's death. Both entities are still in existence today.
Any idea as to value would be appreciated. Many thanks!
 

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Very nice.

There’s a similar one on the ‘Milady’s Vanity’ website, but with a beaded fringe and a different clasp:

Purse.webp


The website owner is a seller, but that one is from his/her private collection and not for sale. You might try contacting the site owner to see if they would make an offer for yours, which might give you a steer on its value.

https://miladysvanity.com/index.html
 

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