Sorry don"t know its value, But have one like it I use for a desk in my office. Clients are always telling me how much they like it.

It looks to be in excellent condition and I hate to say it, but the fact is people will look at the age and try to whittle you down because of the era. Go try to buy a new solid cherry table with drawers and see what it costs you. It's so dependent on your area what it will bring. Antiques here are plentiful and modestly priced, so I don't even want to pull a comparison as to current value since I don't know your market. I wouldn't give it away.

UPDATE:
I contacted a professional antiques dealer and restoration expert. He told me my desk is solid mahogany, it was made around 1910, and in a shop it would be valued at $450.

I am very happy with that information.

nyboy, My husband says he wants to keep the desk. It does have a masculine appeal.

calliope, Thanks. You are quite right.

Oh wow ... Gimbels was a top notch department store, so anything they sold has a bit of provenance boost.

I'm clad your husband decided to keep it. It's a nice simple style that works in almost any house. And useful too.