Thanks !! Its a beautiful frame and I would say you did quite well for something found in the trash !! It appears to be a composition molded frame rather than wood although it may have a wood base !! You didn`t show the back so hard to tell !! Sometimes these are coated with a layer of gesso before they are finished with the gold color and antiqued !! New from a gallery it might cost $750. up !! But hotels don`t buy from galleries so their price would be quite a bit less than that because they usually buy several at a time direct from the makers !! I would say price you sold it for was a bit high but that would depend on where you are and how bad someone wanted it !! Still you did well !!