Vintage 1920's to 1940's old stock rayon ribbon in a cherry red color.  It is a very fine faille weave with a slight raised stripe pattern.  Suitable for costuming, millinery or other sewing craft projects.  

I had it off the spool to measure and to view the condition. Very nice! 

It is 17 yards long x just a tad over 1" wide. No labels to suggest the manufacture or company.    Lots of yardage here for your creativity or just to admire.