Q: I have a lady’s beaded tapestry evening bag decorated with flowers and leaves. It has a gold clasp and a 14-inch gold chain. It’s lined with gold-colored satin and has one pocket inside. The purse is 5 inches high and 6 1/2 inches wide. There is a tag inside that says "Made in W. Germany for Walborg." I'd like to know its history and value.

A: Walborg Co. was founded by Hilde Weinberg in New York City in the late 1940s. She designed purses that were handmade in Belgium, France, Italy, and West Germany. Walborg beaded purses were popular in the 1950s. By the late 1950s, some Walborg purses were being made in China, Hong Kong, and Taiwan. The company was in business until at least 1963. The West Germany tag proves your purse was made sometime between May 1949 and 1963 or perhaps a little later. Value of your beaded bag: $50-$75.